Fannie Mae Selling Guide Announcement SEL-2018-07 – Dated September 4, 2018

Written By: Lloyd Rutherford, Staff Writer Fannie Mae has some exciting news about Property inspection waivers that will serve many of you well.  In addition, there are condo updates that you need to read through to keep up to date. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This [...]

2018-09-10T11:24:22-05:00September 9th, 2018|

Fannie Mae-Combined FAQ and Fact Sheet Article – Project Standards Requirements FAQ’s – Updated June 2018 – Ineligible Condo Characteristics – Updated June 2018 and At-a-Glance Condo and Insurance Requirements – Updated June 2018

By: Lloyd Rutherford, Staff Writer Fannie Mae is really pumping out the resources to help you do more condo loans and educate you on their dramatic changes. Anyone who has condos in their origination area needs to pay attention to this update and the update from Freddie Mac this month! Rule Synopsis: Due to multiple [...]

2018-07-10T08:21:41-05:00July 9th, 2018|

Fannie Mae – Combined FAQ Article – Project Insurance Requirements FAQs – Updated March 2018 and Project Standards Requirements FAQ’s – Updated March 2018

By: Lloyd Rutherford, Staff Writer Condominium financing can be complex, but it is worth the effort to understand this type of financing as more and more millennials look to purchase their first home.  This article contains two important FAQ documents and resource links to help you master condo financing. Rule Synopsis: Fannie Mae updated their [...]

2018-05-29T17:37:11-05:00April 9th, 2018|