By Kevin Finn, Technical Director of Agency Services at Partner ESI; Published on Feb. 5, 2026, in GlobeSt.
Fannie Mae recently released updates to its Multifamily Property Condition Assessment (PCA) requirements that will have an immediate impact on how PCAs are reported. The revisions include updates to Form 4099 – Instructions for Performing a Multifamily Property Condition Assessment, and Form 4099.G – Known Problematic Materials and Property Design Issues. Among the most notable changes are new requirements related to the remediation of aluminum wiring.
These changes are effective immediately and apply to all PCA reports currently in progress. For properties with draft reports already under Fannie Mae review, borrowers and lenders should consult directly with their Fannie Mae representative for guidance on how the updates may affect prior submissions.
In this Globe St. article, Kevin Finn shares Fannie Mae’s recently released updates to its Multifamily Property Condition Assessment (PCA) requirements and how they may affect how PCAs are reported.
