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  • FHA may relax condo rules soon

    The Federal Housing Administration may ease restrictions on financing purchases of condominium units. To protect a struggling emergency insurance fund, the FHA put rules in place barring new loans on developments with more than 15% of the units more than 30 delinquent on condo association dues. Also, at least half of the units must be ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 22, 2012