ALTA Warns Fannie Mae’s Expanded Use of AOLs Increases Risk

December 14, 2023

ALTA warned that Fannie Mae’s decision to expand the use of attorney opinion letters (AOLs) in limited circumstances for loans on condo properties and those subject to restrictive agreements or covenants will increase risk to consumers and lenders.

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Contact ALTA at 202-296-3671 or [email protected].