Changes by Fannie Mae to prevent another Surfside tragedy mean some NYC buyers will lose access to loans

… condo or coop units in buildings with significant deferred maintenance or unsafe conditions will not be eligible for … … The stricter guidelines come just as Fannie and Freddie Mac announce new higher loan limits up to nearly $1 million … seriously would be the reduced confidence of buyers of apartments in older highrise buildings We should be thinking …

By Jennifer White Karp |December 28, 2021 - 9:30AM