FHA Funding Screw Up!?

We were supposed to close this coming Monday on our condo and we got a call saying that FHA messed up when they approved funding last year. They say that the condo association does not have enough fidelity bond coverage. Because of this, our buyers approval has been revoked. Can they be held accountable for the... show more We were supposed to close this coming Monday on our condo and we got a call saying that FHA messed up when they approved funding last year. They say that the condo association does not have enough fidelity bond coverage. Because of this, our buyers approval has been revoked. Can they be held accountable for the financial damage this will cause to all parties involved?
Update: We are not the buyers. We were told by the buyers lender agent that FHA yanked their approval for the condo association.
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