Realtors Press HUD for Quicker Action on FHA Condo Rules
The National Association of Realtors is calling on the Department of Housing and Urban Development to speed up implementation of reforms to the Federal Housing Administration’s condominium reforms. Legislation signed by President Obama in July that makes numerous reforms to government housing programs included provisions that reduce restrictions on condominium buildings being FHA approved so that more FHA borrowers can purchase condominium units. Read the article…………….
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National Cooperative Bank (NCB), a leading financial services company dedicated to serving cooperatives and housing communities nationwide, provided $10.5 million