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

… still fairly uncommon says Andrew Freedland a partner at law firm Herrick Feinstein Shareholders 62 and older who use … they are so new says Marc Landis managing partner at law firm Phillips Nizer Boards are often conservative in … mortgage If so what are typical stipulations for approval … Buy … Co-ops … Ask an Expert … boards … Co-ops … mortgage … …

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

… deferred maintenance schedules funding questions and reserve studies he notes  … Lack of a universal … unavailable for lending The solution he says is to have a reserve study performed on a condo or coop property by a … His firm Strategic Inspections conducts coop and condo reserve studies and it is doing more reserve studies than …

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

… hes continuing to fight for the release of the list … A false sense of security … Allcock acknowledges that there … is on the list you will have trouble refinancing or selling to buyers using conforming loans There are also … You Might Also Like … viewbublogpanes=ymalinline   … Buy … Sell … mortgage … selling … Feds response to Fannie Mae …

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