by Dawn Bauman, CAE and C. Scott Canady | Jul 21, 2022 | Community Association Guidance, Federal Advocacy
The House Financial Services Committee yesterday received testimony from Federal Housing Finance Agency Director Sandra Thompson. In a memo, CAI urged members of the committee to ask Thompson about ways to improve access to mortgage credit for condominium and...
by C. Scott Canady | Sep 24, 2020 | Housing Finance
In a storyline only 2020 could deliver, as the nation slogs its way through a pandemic and economic recession, home sales have increased by 25% according to the National Association of Realtors, and mortgage lending has jumped 33% according to the Mortgage Bankers...
by Dawn Bauman, CAE | Oct 3, 2017 | Disaster Relief, Federal Advocacy, Housing Finance
There is nothing quite like walking the Halls of Congress on a sunny fall day in Washington, D.C. This week, there were hundreds of people visiting their Members of Congress talking about issues ranging from The Jones Act, Health Care to Disaster Recovery and beyond....
by Dawn Bauman, CAE | Nov 29, 2016 | Housing Finance
There are approximately 145,000 to 155,000 condominium projects in the U.S., according to the Foundation for Community Association Research (FCAR). As of October 2016, 9,866 condominiums—less than 7 percent of condominium projects nationwide—were Federal Housing...
by C. Scott Canady | Sep 28, 2016 | Federal Advocacy, Housing Finance
On September 27, 2016, the Federal Housing Administration (FHA) released a proposed regulatory update to its condominium unit mortgage insurance program. On balance the rule has many positive aspects, including a limited “spot approval” process. The rule...
