News & Articles

FHA Releases More Lenient Approval Guidelines

FHA Releases More Lenient Approval Guidelines By: Elizabeth F. Taylor, Esq. On September 13, 2012, the U.S. Department of Housing and Urban Development released Mortgage Letter 2012-18, instituting several temporary, more lenient guidelines for condominium associations to obtain FHA approval. These new guidelines expire on August 31, 2014, unless extended or superseded. According to the […]