FHA CONDO RULE

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Industry groups urge HUD to finalize FHA condo rules

Feb 01, 2019By

HUD has been dragging its feet on finalizing its rules for condos that can receive FHA financing, and industry groups have had enough. The National Association of Realtors and the National Reverse Mortgage Lenders Association are insisting HUD set new rules into place that make financing more attainable for first-time homebuyers, urban residents and seniors.