The Cooperator Events Presents a Virtual Town Hall: Complying with Fannie Mae and Bank Guidelines for Funding Your Next Capital Project. Sponsored by Czarnowski & Beer LLP
Thursday January 26, 2023 at 2:00PM EST
After the tragic Surfside condo collapse in Florida, Fannie Mae and Freddie Mac made a number of changes to their lending requirements for associations. Understanding and meeting these new obligations is crucial for boards and managers to secure funding for major capital projects, and for replenishing their reserves once the work is complete. In this informative conversation, legal and financial experts will explain Fannie and Freddie's lending guidelines and disclosure requirements, discuss replacement reserves, and offer tips on how your board-management team can formulate a clear, viable strategy for getting capital improvements done.