When every option is bad, the board still has to choose one. Waiting can be the right decision, but only if the board knows what waiting is meant to accomplish and what happens next.
Fannie Mae and Freddie Mac made two changes on August 3 that condominium boards should understand before a sale, refinance, or lender request turns into a fire drill.
Fannie Mae and Freddie Mac retired faster condo review paths. Lenders can no longer use a reserve study’s baseline-funding recommendation to support project eligibility. What that means in practice.
Five realities are already playing out in Florida; not a prediction that every board will face the same outcome, but a signal worth taking seriously for boards under similar pressure.
A structured way to see where your board’s five systems stand today.
How Fannie Mae and Freddie Mac quietly changed what board decisions mean for every condominium owner.
How reserve funding, structural integrity, and mortgage eligibility became one fiduciary question.
What the Champlain Towers South investigation teaches boards about the distance between knowing and acting.
A practical framework for helping volunteer boards connect decisions, people, planning, operations, and communication — before recurring friction becomes the way things work.
A reserve funding shortfall doesn’t have to feel like an ambush. See how two boards handled the same number, and why timing decided the outcome.
