FHA Officials have advised CAI of their intent to release revisions to the existing condominium approval guidelines prior to September 2, 2012. Per CAI’s MortgageMatters post, the revisions are intended to provide flexibility for condominiums while enhancing risk management standards enforced by FHA. While we do not expect the revisions to offer substantive changes we will participate in all conference calls and advise you of any changes that will benefit your communities.
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