FHA May Ease Condo Underwriting Guidelines to Spur Market

During the first half of fiscal year 2012 (which ended March 31), the Federal Housing Administration endorsed 19,600 condo loans, down 38% from the same period in FY 2011.

Article source: http://www.nationalmortgagenews.com/dailybriefing/fha-condo-underwriting-1030498-1.html

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