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FHA’s Montgomery says “more flexible” condo rules are coming 

May 20, 2019By

FHA Commissioner Brian Montgomery said the agency is currently working to revise its condominium approval rules and that he expects a final rule to be announced soon. After a near three-year wait, Montgomery said the industry can expect a final ruling on the proposed revisions that will be “less prescriptive and more reflective of the current market.”

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