Re: Policy Committee & Condo law and Cohousing?
From: Kathryn McCamant (
Date: Mon, 15 Jul 2019 11:56:50 -0700 (PDT)
RE Condo Law and cohousing:

The issue is not state condo laws, but rather Fannie Mae, Freddie Mac, and FHA 
that dictate what mortgages can be sold on the secondary market. To get the 
most competitive mortgage rates, you need to fit into their regs, and bankers 
will spend almost no time to look at something that looks a bit odd. If want to 
make changes to what you can do as an Homeowners Association, you need to work 
with those federal programs. We've had some limited success with Fannie Mae and 
FHA on other issues. 

Katie McCamant, President
CoHousing Solutions

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