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Fannie Mae & Freddie Mac Change Reserve Requirements for Condominiums Including Elimination of Cash Flow Plans
Friday, March, 20th, 2026 at 8:27 pm by Richard S. Ekimoto, Esq.
Categories: Board Duties, Federal Law & Regulations, Financial & Reserves, General Tags: Fannie Mae, Freddie Mac, Reserves
By Richard S. Ekimoto, Esq. On March 18, 2026, Fannie Mae and Freddie Mac announced changes to their lending guidelines in Lender Letter LL-2026-03. There are a number of changes announced in the Lender Letter, some of which will be discussed in later posts. This post focuses on the changes to the reserve requirements for condominium projects. The Fannie Mae and Freddie Mac changes to their reserve requirements for condominium associations includes: Hawaii condominium associations [Read More...]
