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Jewish News 24 · Aug 6, 2026

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Buying a condominium with a mortgage may become more difficult under new lending standards that took effect this week for loans backed by Fannie Mae and Freddie Mac. The new policies require lenders to conduct more comprehensive reviews of many condominium associations, including their finances, reserve funding, insurance coverage and building maintenance, before mortgages can qualify for purchase by Fannie Mae or Freddie Mac.

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