Tag: Fannie Mae

Categories: Community Association Management, Financial & Reserves, Insurance, Repair and Maintenance Tags: Fannie Mae, Freddie Mac, Reserves

By Richard S. Ekimoto, Esq. A few weeks ago, we posted about Fannie Mae & Freddie Mac Changes in its Reserve Requirements for Condominium Associations. Fannie Mae and Freddie Mac also made some other changes related to insurance requirements for condominium projects. These changes include: Deductibles for the Master Insurance Policy Fannie Mae and Freddie Mac has established a limit for the deductible on the Association’s Master Policy. The “maximum allowable per unit deductible for [Read More...]

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 and Freddie Mac Bulletin 2026-C. 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 [Read More...]