Sharper Management


Evolving Lender Requirements Affect HOAs

In reaction to the tragic collapse of the Champlain Towers South condo building in Surfside, FL last summer, there have been significant changes to mortgage lender requirements with loans backed/purchased by Fannie Mae and Freddie Mac. A large portion of mortgage loans (estimated at nearly 50%) are typically purchased by Fannie or Freddie, so mortgage […]