Fannie – Green Landlady

Tag Archives: Fannie

Defying the FHFA, Fannie & Freddie

November 9, 2010 – 8:30 am

Although few would associate conservative Palm Desert, California with the term municipal rebel, it may fit with regard to energy efficiency finance. Palm Desert has decided to take on the big boys at the FHFA over its innovative PACE program for financing on-site energy production systems like rooftop solar through its bond program. Can they win?

By Elizabeth Madrigal | Posted in Business | Also tagged American Clean Energy Act of 2009, Berkeley CA, Clean Energy Finance, David John Frankil, Energy Efficiency and Climate Change Law website, Fannie Mae, Federal Housing Finance Agency, FHFA, FHFA's Statement on PACE, Freddie, Freddie Mac, Home Energy System Loans, HR 2454 Section 188, HR 3836 111th Congress, Mortgage Lender Pre-approval for PACE loans, Multifamily On-Site Energy Production Systems and Finance, MyDesert.com, PACE, PACE Bond Programs, PACE Underwriting Guidelines, Palm Desert CA, Palm Springs CA, Property Assessed Clean Energy, Property Loan to Value Ratios, PSWA, Public Works Style Assessments, Routine Tax Assessments, The American Power Act, VP Joe Biden and Obama support of PACE Model, Waxman-Markey Bill | Comments (0)

FHA Mortgage Insurance Revisions for Multifamily

July 18, 2010 – 8:00 am

Concerns about the rising demand by multifamily housing for FHA mortgage insurance have pushed HUD into announcing revisions to the FHA underwriting, standards and policies. This is a brief synopsis of those changes with a link for the full mortgagee letter.

By Elizabeth Madrigal | Posted in Business | Also tagged affordable housing, business and finance, FHA insurance, FHA insurance for multifamily housing, FHA Insurance Revisions, FHA mortgage insurance rules, FHA multifamily regulations for insurance, Freddie, grants or tax incentives for multifamily, green property management, green property manager, green renters, HUD, HUD changes in debt-to-coverage ratio, HUD reserve requirements, Hud-subsidized housing, market rate applications, Mortgage Letter 2010-21, Multifamily Hub Director, Multifamily risk mitigation, multifamily underwritng standards, pre-screening of loan proposals | Comments (0)