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- Creating a Community Land Trust (14)
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Fannie Mae
2006 Updated Fannie Mae Guidelines
In March of 2006 Fannie Mae issued updated guidelines for properties subject to resale restrictions or located on land owned by Community Land Trusts.[More]
Posted by Rick Jacobus | Comments (0)
Fannie Mae "Community Land Trust Option"
In 2001, Fannie Mae agreed to the "Community Land Trust Option", creating the potential for CLT homebuyers to access Fannie Mae mortgage products. Here is a copy of a recent Fannie Mae "striper", describing the "Community Land Trust Option". Posted...[More]
Posted by Mike Brown | Comments (0)
Fannie Mae Appraisal Methodology
In 2001, Fannie Mae agreed to the "Community Land Trust Option", creating the potential for CLT homebuyers to access Fannie Mae mortgage products. At that time, Fannie Mae also established guidelines for establishing the value of CLT leasehold properties. This...[More]
Posted by Mike Brown | Comments (0)
Fannie Mae Uniform Rider to CLT Ground Lease
In 2001, Fannie Mae agreed to the "Community Land Trust Option", creating the potential for CLT homebuyers to access Fannie Mae mortgage products. Modifications to CLT ground leases required by Fannie Mae were stipulated in a "Uniform Rider" to be...[More]
Posted by Mike Brown | Comments (0)
