The Federal National Mortgage Association (FNMA, otherwise known as Fannie Mae) and the Federal Home Loan Mortgage Corporation (FHLMC, commonly known as Freddie Mac) have both created new sets of requirements impacting condominium associations in recent years.

These new guidelines were primarily in response to the partial collapse of a Surfside, Florida condominium building in 2021. … Read More ›


A thriving community starts with a thoughtfully prepared budget. Financial planning helps ensure a stable future for any condominium, homeowner (HOA), or townhome association. Accordingly, board members must take their financial responsibilities seriously.

Generally, a budget should include the association’s estimated annual revenue, expenses, and reserve fund contributions. Board members, community leaders, and property managers should … Read More ›

“Understanding Condo and HOA Insurance: Coverage Types and Key Considerations for Community Associations” – KSN attorney Michael Kreibich reviews the different types of community association insurance including property, liability, umbrella, and director/officer coverage.

While sharing best practices for board members and property managers, he also discusses how insurance coverage is impacted by legal requirements, governing … Read More ›

“Is Your Condo or HOA on the Fannie Mae Unavailable List?” – KSN attorney Michael Kreibich discusses the emerging topic of the Fannie Mae Unavailable List and its impact on condominium, homeowner (HOA), and townhome community associations. “Topics include proactive planning, deferred maintenance, special assessments, reserve requirements, documentation, board member responsibilities, and more. (21 mins.)



The … Read More ›