Did you know that when reviewing a leasehold estate property for Fannie Mae, that the lender has to ensure that Fannie’s first-lien enforceability is part of the lease terms?

Related Article Title: Fannie Mae Selling Guide Announcement SEL-2019-02 – Dated March 6, 2019 – Effective Immediately – Leasehold Estates – Effective June 1, 2019 – Manual UW Changes Written By: Lloyd Rutherford, Staff Writer Fannie Mae released an updated version of their eligibility matrix.  Read through this update to find out what has changed. […]

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