FHA/HUD

HUD charges California condo operators with disability discrimination

The U.S. Department of Housing and Urban Development has charged the operators of a 556-unit, high-rise condominium tower located in…

2 years ago

Aurora homebuyers may lose condos awaiting U.S. Department of Housing and Urban Development approval (CO)

Pritchard was approved for an Federal Housing Administration (FHA) loan, and the single mom thought she had been doing everything…

2 years ago

Surfside Towers Collapse Causes Tighter Maintenance and Capital Reserve Requirements for Associations (PA)

It has been about half a year since the terrible collapse of Champlain Tower South in Surfside, Florida. Because of…

2 years ago

Fannie Mae now requires robust reserves (IL)

Q: Can you describe some of the key points of the new Fannie Mae condominium lender guidelines?   Read the Q&A....................................

2 years ago

New Freddie Mac Underwriting Guidelines for Condominium and Cooperative Projects

Freddie Mac has promulgated new temporary underwriting requirements for mortgages secured by units in condominium and cooperative projects in need…

2 years ago

Fraud Alert: Mortgagee Questionnaire Scams

In response to the tragedy at the Surfside condominium in Florida, Federal mortgagees are starting to update their questionnaires that…

2 years ago

FNMA Lender Letter Articles

On October 13, 2021, the Federal National Mortgage Association (Fannie Mae) issued Lender Letter LL-2021-14 (“Lender Letter”), to take effect…

2 years ago

HUD Provides More Guidance on Emotional Support Animals but Little Help for Association Boards Dealing with Accommodation Requests

Condo association attorneys had long been anticipating new guidance from the Department of Housing and Urban Development (HUD) dealing with…

3 years ago

HUD Charges Fla. HOA with Disability Discrimination

A condo owner helped remove debris following 9/11 and needs to leave shoes outside due to a respiratory condition. HUD…

3 years ago