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Manhattan Loft Guy

Tagged "Fannie"

Manhattan Loft Guy

Blog by Sandy Mattingly

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

the (boring) details about building financials that can prevent your loft from selling

Feb. 4, 2009

Categorized in: Manhattan real estate business

Tagged with: coop board, default, fannie, fidelity bond, freddie, lending standards, managing agent, mortgage, ny times

I have heard a couple of stories in the last few weeks from an agent and a mortgage lender about how some of the arcana about a Manhattan coop's or condo's finances make it difficult or impossible for a prospective buyer to get a mortgage. Then Sunday's N

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