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Aligning 2024 Condo Budgets With New Lending Guidelines: Reserves, Special Assessments, Insurance Deductibles

Orest Tomaselli, President of Project Review at CondoTek and Lisa Geloso, Head of Product Operations & Customer Success did an informative 30 minute webinar on trending condo lending compliance requirements on Reserves, Special Assessments, and Insurance Deductibles. They explained how …

December 6, 2023

CondoTek and MGIC Launch all-in-one Condominium Compliance 

CONDOTEK AND MGIC NEW SOLUTION PRESS RELEASE  FOR IMMEDIATE RELEASE  Contact Information: CondoTek Melinda Engel 800-452-4816 x Melinda@condotek.com   CONDOTEK and MGIC LAUNCH ALL-IN-ONE CONDOMINIUM COMPLIANCE  CondoTek and Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation …

October 12, 2023

Industry Update: Reserve Study Acceptance for Condo and Co-op properties announced by Fannie Mae

Industry Update: Reserve Study Acceptance for Condo and Co-op properties announced by Fannie Mae Recent lending guideline changes were released by both Fannie Mae and Freddie Mac on July 5th 2023. Effective September 18th, 2023 Fannie Mae returns to previous …

August 1, 2023

New Condo and Co-op Guideline Release from Fannie Mae and Freddie Mac

Informative webinar featuring Orest Tomaselli, President of Product Review from CondoTek. The topic, New Condo and Co-op Guideline Release from Fannie Mae and Freddie Mac. Orest outlines the newest changes to Fannie Mae and Freddie Mac condo and co-op lending …

July 19, 2023

CondoTek’s State of the Mortgage Market: May 2023

New York City’s New Development Lending Crisis    Obtaining a loan for the purchase of a new condominium unit has always been a bit tricky. Behind the scenes of many new condo developments built in New York City over the …

May 22, 2023

Webinar: Florida Condo Lending: Impacts From New Reserve Legislation Impacting Condo and Co-op Mortgage Lending

Amazing webinar yesterday featuring Orest Tomaselli, President of Product Review from CondoTek,  Melissa Cohn Regional VP of  William Raveis Mortgage and Nancy Cardone, Manager of Strategic Growth at William Raveis Real Estate. The topic, Florida Condo Lending: Impacts From New …

January 24, 2023