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Home » Store » Government-Insured Lending » Interim Guidelines for FHA Condo Project Approvals Are a Good First Step, But Not a Long-Term Solution

Interim Guidelines for FHA Condo Project Approvals Are a Good First Step, But Not a Long-Term Solution

$55.00
Government-Insured Lending

Product Details

Industry groups view recently-issued temporary guidelines for approving condominium projects for FHA finance as limited but positive, with the hope that other issues can be addressed in a more comprehensive rulemaking. Announced on Nov. 13, the interim guidelines took effect immediately and will remain for one year to give FHA sufficient time to implement more comprehensive condo rule changes. They include certain changes to the current lengthy and complex ...
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