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Fannie, Freddie to Enforce Full Condo Loan Reviews Aug 3

8/2/2026

27 6 Full Breakdown

Summary

Story summary

Fannie Mae and Freddie Mac will apply new condo-lending rules on Aug. 3, requiring full reviews for each condo loan.
AD Mortgage CEO Max Slyusarchuk warned the rules will lengthen processing and raise denial rates.
Community Associations Institute CEO Dawn Bauman said 40 percent of condo loans will need full reviews, extending approval times.

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Story summary

Fannie Mae and Freddie Mac will apply new condo-lending rules on Aug. 3, requiring full reviews for each condo loan.
AD Mortgage CEO Max Slyusarchuk warned the rules will lengthen processing and raise denial rates.
Community Associations Institute CEO Dawn Bauman said 40 percent of condo loans will need full reviews, extending approval times.