NAR along with the MIAMI Realtors and other Realtor associations from around the U.S. as well as individual Realtors met with senior staff of Fannie Mae to discuss issues that have arisen from the recently implemented safety and reserving requirements. While well intentioned, the new requirements to verify the physical soundness of condo buildings and adequacy of financial reserves have created problems in the market.
NAR along with the MIAMI Realtors and other Realtor associations from around the U.S. as well as individual Realtors met with senior staff of Fannie...