What to expect from FHA's pending condo rule revisions

Officials shed light on issues to be addressed

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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.