Fannie Mae and Freddie Mac updated condo insurance and project standards, including ACV roof coverage and revised deductible and review rules.
Fannie Mae and Freddie Mac are changing some rules related to insurance that could cut costs for condo owners.
At the behest of their conservator, Fannie Mae and Freddie Mac are taking steps to simplify their insurance requirements, ...
Inflation showed signs of easing in 2024 after reaching record levels just two years ago. The rate of price increases finally slowing, which is why after 11 consecutive rate hikes, the Federal Reserve ...
Older condo association buildings, depending on height, proximity to the coast and state of repair may be facing an unaffordable situation. “I thought we were being conservative by budgeting the same ...
The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...
HONOLULU (Island News) -- Even before the Lahaina fires, insurance rates had been spiking because of natural disasters, global instability and other risk factors driving up costs. And now, they're ...
Owning a condo comes with some great perks — less upkeep to worry about and access to shared amenities like pools, gyms, or common spaces. However, it also comes with financial obligations that can ...
Hawaii State Insurance Commissioner and attorney Gordon Ito joins producer/host Coralie Chun Matayoshi to discuss what is causing home and condo property and hurricane insurance premiums and ...
Section 66-27-413 of the Tennessee Condominium Act includes specific requirements for insurance obtained by the condominium association for condominium regimes. If there are horizontal boundaries ...