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Mortgages › Condominium Associations › Fannie Mae

The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +
The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and uses that property as collateral for the loan. less -
DarrowEverett LLP

Blacklisted Condos: A Growing Crisis for Owners and Buyers

DarrowEverett LLP on

The blacklisting of condominium/condo associations by financial institutions and insurance providers has emerged as a pressing issue in the real estate finance and housing sector. This practice, which involves lenders or...more

Saul Ewing LLP

Associations Need to be Prepared for Mortgage Lenders’ Inquiries About Structural Issues, Significant Deferred Maintenance and...

Saul Ewing LLP on

For many years, associations and their managers have responded to questionnaires from mortgage lenders that seek information about the condominium association to help the lender determine whether a loan to a unit owner or...more

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