HR3700-affected condo rules in 90-day comment period

New rules on condominiums affected by HR3700 (The Housing Opportunity Through Modernization Act of 2016) that must make them eligible for the Federal Housing Administration insurance are now in the 90-day comment period, according to Mortgage News Daily.    Read the article………….


Related Articles

FHA facing political pressure to bring back ‘spot’ condo loans

Good news for Realtors, lenders and condominium unit owners who’ve been frustrated by FHA’s prohibition of “spot loans” in developments

IRS Revenue Ruling 70-604 and MCL 450.2541(2)(b): The Value of Expert Advice

Many individuals and corporations, including community associations, are currently preparing their tax returns. For associations with excess revenue this process

HOA Records Bill Headed to Governor Hickenlooper! (CO)

If signed into law, HB 1125 will go into effect on August 6, 2014. HB 1125 permits an association to