Housing groups warn FHFA on GSE condo lending changes

Housing groups warn FHFA on GSE condo lending changes

Three housing organizations sent a letter this week to leaders at Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), regarding pending changes to condominium lending rules through the government-sponsored enterprises (GSEs). On July 8, the Community Home Lenders of America (CHLA), the Community Associations Institute (CAI) and the National Association of Mortgage Brokers (NAMB) told federal housing officials …

Housing Groups Ask Pulte to Delay New Condo Financing Requirements

A trio of housing industry organizations called on Federal Housing Finance Agency Director Bill Pulte to enact a one-year delay in the implementation of new condominium financing requirements announced by Fannie Mae and Freddie Mac.