Danette O'Neal, PhD

11/12/15- The National Association(NAR) of REALTORS- has long advocated for broad improvements to FHA’s condo rules, arguing that existing policy is overly restrictive and keeps many consumers from buying and selling a home. To address these concerns-FHA will make changes to its condo policies in line with those requested by NAR. Those include changes to the lengthy and complex re-certification process in place today, burdensome owner-occupancy requirements, and limits on the types of property insurance that are considered acceptable coverage under FHA’s rules.