From bostonreb.com
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mortgage industry
News and info on the mortgage industry, including updates on the mortgage crisis as well as information on how to protect you land and assets.
Last week the FHA released a temporary guidance that relaxed some of the rules for condominiums. From the FHA: Temporary Guidance for Condominium Policy
Here are the key points:
• Increase from 30 percent to 50 percent the number of units in a project that can be financed with FHA loans. FHA, however, will make exceptions, [...]
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