Released: September 23, 2012
FHA eases burdensome condo financing rules
Source: Kenneth R. Harney - The L.A. Times
Here's some encouraging news for condominium unit owners, sellers and buyers: The biggest source of funding for low-down-payment condo mortgages, the Federal Housing Administration, has revamped controversial rules that caused thousands of buildings across the country to lose their eligibility for FHA financing.Read Full Article: FHA eases burdensome condo financing rules