Fannie Mae & Freddie Mae Lending Guidelines for Condominiums and Housing Cooperatives

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* 1. What is your role in the community association housing model?

Board member

Community association manager

Management company executive

Business partner

Other (please specify)

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* 2. What type of community association do you represent, please check all that apply

Condominium

Homeowners association

Housing cooperative

Other (please specify)

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* 3. What state are the communities you manage/live?

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* 4. How many units in your community?

Less than 50

51-100

101-200

201-400

401-500

500-750

More than 750

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* 5. On average how many units in your community sell each year?

less than 20

25-50

50-100

More than 100

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* 6. Have you been presented with a lender questionnaire(s) incorporating the new Fannie Mae and Freddie Mac requirements?

Yes

Other (please specify)

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* 7. Which of the following have you experienced as an impact of the new regulations in your community?

None

Delay in lender approval

Lender denial (sale didn't go through) because we couldn't answer the question(s)

Lender denial (sale didn't go through) because the building is unsafe

Other (please specify)

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* 8. Which of the following concerns do you/your community clients have regarding the new Fannie Mae and Freddie Mac lender requirements?

Exposure to liability for answering questions that are beyond my knowledge and expertise.

Exposure to liability for not answering the questions.

Questions are beyond my knowledge and expertise.

We have to hire professionals to answer the questions.

We do not have 20% of assessments budgeted for reserves, so we are ineligible.

None

Other (please specify)

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* 9. Please provide additional comments.

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* 10. Please provide your name, phone, and email address if you are willing to be contacted to share your story.

Name

Company

Address

Address 2

City/Town

State/Province

ZIP/Postal Code

Country

Email Address

Phone Number