Here's why it's so hard to get condo questionnaires filled out by management companies

… As a New York City condo or coop buyer seeking a conforming loan or owner … deferred maintenance schedules funding questions and reserve studies he notes  … Lack of a universal … for lending The solution he says is to have a reserve study performed on a condo or coop property by a …

By Jennifer White Karp |August 17, 2023 - 4:00PM
Fed's response to Fannie Mae ‘blacklist’: 'We have no record of it'

… That semisecret list of coop and condo buildings where Fannie Mae will not buy back loans The … to release new guidelines that will require larger reserve line items for condo buildings Currently Fannie Mae … budget for reserves Freddie Mac also accepts a  reserve study  in lieu of the reserve requirement When guidance …

By Jennifer White Karp |June 16, 2023 - 2:30PM
How does a debt-to-income ratio affect your mortgage rate?

… broker will offer you a rate based on your borrowing profile This includes your credit score your down payment …

By Emily Myers |May 30, 2023 - 10:00AM