WebNov 4, 2015 · FHLMC Project Classification and Warranty Codes. Eligible Condominium & PUD Types. Established Condo. Established PUD. All FNMA Project Classifications for … WebNov 4, 2015 · Established Condo.. Established PUD.. All FNMA Project Classifications for Condo & PUD types listed above are acceptable.. Eligible Project Warranty Types. FNMA Limited Review (Q) or FHLMC Streamline Review: To be eligible under the. Limited Project Review, a project must meet all of the following eligibility criteria:
Uniform Collateral Data Portal (UCDP) Overview - Fannie Mae
WebCommon non-warrantable properties include condotels, timeshares, fractional ownership properties, multi-unit condos (the condo unit itself is two units), condos in a permanent... WebDefine FHLMC Security. A modified pass-through mortgage-backed participation certificate, evidenced by a book-entry credit made by a Securities Intermediary that is a participant … theklayent
Condominium Project Eligibility - FHLBMPF
WebJan 11, 2024 · Though both enterprises are better known by their nicknames, Fannie Mae and Freddie Mac have more official titles: Fannie Mae is the Federal National Mortgage Association (FNMA) and Freddie Mac is the Federal Home Loan Mortgage Corporation (FMCC). Fannie Mae was created in 1939 to combat the lack of affordable housing … WebProject Type Established Condo (non 2-4 unit project): FHLMC: Condo III All common buildings, facilities and units are 100% complete 90% of the total units are closed or in contract to be sold The HOA has been turned over to the unit owners Established Condo (2-4 unit projects): FHLMC: Condo III WebNov 4, 2015 · The condo warranty section on the 1008 must also be completed with the appropriate Fannie Mae review type. FNMAProject Classification and Warranty Codes Eligible Condominium Types Q – Limited Review* (Established project or Established 2-4 unit project) S – CPM Expedited Review* (Established project or Established 2-4 unit … the klaxon fillmore