What to expect from FHA's pending condo rule revisions

Officials shed light on issues to be addressed

When acting FHA commissioner Carol Galante told a standing-room-only audience at NAR’s midyear meeting last week that "we have heard you" on condominium issues — and that FHA would publish revisions to the agency’s controversial rules "very, very soon" — she provided no details about what specific modifications the industry and consumers could expect.