Category: National Legislation


Senate Passes FHA Reforms Regarding Condominiums

Written by: on Wednesday, July, 20th, 2016

Contrary to its past position on FHA lending guidelines for condominiums, last Friday (July 15, 2016) the Senate passed the Housing Opportunity Through Modernization Act (HR 3700) , and it is now sitting on President Obama’s desk for signature. The Housing Opportunity through Modernization Act has three major components including amendments to (i) the Section [Read More...]

Department of Justice Releases FAQs on Service Animals

Written by: on Tuesday, July, 21st, 2015

Earlier this month, the Department of Justice released an 8 page guide to Frequently Asked Questions about Service Animals and the ADA.  The guide was drafted to respond to the continuing questions received by the Department of Justice about how the Americans with Disabilities Act (ADA) applies to service animals. While generally speaking, the ADA [Read More...]

Temporary FHA Guidelines—It’s Not Over Yet!

Written by: on Tuesday, September, 2nd, 2014

On August 13, 2014, we blogged to warn condominium communities that temporary FHA condominium approval guidelines were about to expire on August 31st.   However, FHA has just announced an extension of the temporary guidelines, which will now remain in effect until August 31, 2016. As a reminder, the current temporary guidelines define delinquencies as those [Read More...]

Don’t Worry About Floods—Flood Insurance is About to Get Cheaper!

Written by: on Tuesday, April, 8th, 2014

With all the crazy weather, storms, and flooding around the Country, it’s no wonder homeowners have become a little nervous about flood damage and being able to obtain flood insurance.  However, President Obama has recently signed into law the Homeowner Flood Insurance Affordability Act (HR 3370) to address this concern. In 2012, the Biggert-Waters Flood [Read More...]

US Senate Approves Delay in Flood Insurance Rate Hikes

Written by: on Monday, February, 3rd, 2014

Last Thursday, the Senate approved S.1926, the “Homeowner Flood Insurance Affordability Act of 2014” by a vote of 67-32.   This will delay dramatic increases in federal flood insurance premiums until 2017.  During the next few years the Federal Emergency Management Agency (FEMA) will be tasked with the job of determining the impact of the increase [Read More...]