President Obama Signs Legislation Modernizing FHA Condominium Approvals
The White House announced President Barack Obama has signed H.R. 3700, the Housing Opportunity through Modernization Act. H.R. 3700 is now federal law. H.R. 3700 reforms the process used by the Federal Housing Administration (FHA) to determine if condominium unit owners qualify for a mortgage with FHA insurance. FHA does not originate mortgage loans, but instead insures mortgages against default. Read the article……………..
In our October 3, 2016 post, we discussed Nellie Gail Ranch Owners v. McMullin, an unpublished 4/3 DCA decision, at
In a sometimes biting and other times lyrical decision, a Common Pleas Court judge has dismissed a lawsuit brought by
Governor Gary Herbert signed H.B. 304 into law. H.B. 304 contains important new homeowners association laws and condo laws that