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Condo Developments Must Now Reapply for Continued FHA-Insured Loan Status


December 06, 2011

By Daniel T. Engle and Jack L. Parrino

The FHA recently changed the rules for condominium developments asking that developments previously approved for FHA-insured financing to reapply every two years for recertification. And condo developments must do so within six (6) months of their current expiration date.

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