Fannie Mae and Freddie Mac recently implanted new condo lending guidelines in early 2022 in response to the Surfside condominium collapse. The new addendum to the Fannie Mae and Freddie Mac condo questionnaire has created many new issues for condominium board members and property managers. Kevin Hirzel, the managing member of Hirzel Law, PLC, sat down with The Wall Street Journal to discuss the new building safety questionnaire implanted by Fannie Mae and Freddie Mac in early 2022 and the impact on the condominium industry.
Visit The Wall Street Journal website to read or listen to the full interview with Mr. Hirzel or visit The Michigan Community Association Law Blog to learn more about the 2022 Fannie Mae and Freddie Mac updated condominium lending guidelines. For those struggling to complete the questionnaire, a Hirzel Law, PLC can help.
The attorneys of Hirzel Law, PLC focus their practice on condominium and homeowners association law. Our attorneys have extensive litigation and trial experience in state and federal courts involving commercial litigation issues and community association matters. We stand by our clients, offering quality legal representation and promptly responding to our clients’ needs. Contact Hirzel Law online or call 312-626-4535 to learn how our Illinois attorneys can help.