Does a shareholder need approval from their co-op board to get a reverse mortgage?

… …   In most cases shareholders do have to ask their coop board for permission to get a reverse mortgage a type of loan aimed at seniors who want to tap the

By Celia Young |October 30, 2023 - 2:30PM
Here's why it's so hard to get condo questionnaires filled out by management companies

… up some of the requested information yourself on sites like PropertyShark and NYCs Department of Finance He estimates that could save a … Wolfe president of property management for  FirstService Residential New York  said the lack of a universal …

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

… list of coop and condo buildings where Fannie Mae will not buy back loans The Federal Housing Finance Agency FHFA … on the list you will have trouble refinancing or selling to buyers using conforming loans There are also expectations in the lending industry that Fannie Mae is preparing to release new guidelines that will require larger …

By Jennifer White Karp |June 16, 2023 - 2:30PM