American Land Title Association
Home  >  News Room
News Room


SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software


Fannie Mae Updates Condo, Coop and PUD Project Review Process

October 22, 2007

   Related Information
Fannie Mae Lender Letter 05-07
[pdf]

Summary

The purpose of this Lender Letter is to provide an update to lenders about policy changes to Fannie Mae’s Project Review Processes for Condominium, Cooperative and PUDs. In Lender Letter 04-07, Condominium, Cooperative and Planned Unit Development (PUD) Project Review Process, dated August 17, 2007, lenders were informed that Fannie Mae will no longer accept applications for Conditional Project Acceptance (1027) after August 31, 2007. The Lender Letter also advised that we would set a deadline for project submissions and that we would issue a Lender Announcement within 60 days detailing next steps and associated policy and procedural changes.

Please select the Related Document to view Lender Letter 05-07



Print Friendly


How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
Copyright © 2004-2014 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment