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Contact Nancy Comenitz Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 617.232.4186 or fill out the form to let us know how we can help with your real estate needs.

Office Location 77 Pond Avenue,
Brookline, MA
Phone: (617) 232-4186
Fax: (617) 232-7954

Tagged : Condo Approval Changes by FNMA affective 10/01/2009 FNMA New Condo Approval Guidelines

There are currently 1 blog entries matching this tag.

New Condo Approval Process

Wednesday, July 22nd, 2009 at 12:12pm. 233 Views, 0 Comments.

On June 12th The Federal Housing Authority (FHA) issued Mortgagee Letter 2009-19 announcing major changes to their Condo Approval Process. 

                                                                                                           "In accordance with the passage of the Housing and Economic Recovery Ace (HERA) of 2008, the Federal Housing Administration (FHA) is implementing a new approval process for Condominium projects to insure mortgages on individual units under Section 203(b) of the National Housing Act. FHA will now allow lenders to determine projects eligibility, review project documentation, and certify to compliance of Section 203(b) of the NHA and 24 CFR203 of HUD's regulations. Hud will continue to maintain a list of approved…


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