Radon Regulated vs. Non-Regulated States – Meaning & Definitions
By Drew McCreery, Shavaun Cotter, Rachael Rossmeissl-Stone, Melissa Marte and Victoria Cardona
Partner provides this guide of which regulated and non-regulated states have oversight into Radon Testing to help you better understand each state’s oversight.
Getting Familiar With FHFA’s Updated Radon Sampling Requirements Agency lenders are preparing to implement the new radon testing standards for Fannie Mae and Freddie Mac multifamily loans. The updated policy applies to loan applications received on or after June 30, 2023. In this Globe St. article, Shavaun Cotter and Drew McCreery discuss the Federal Housing […]
FHFA TO INCREASE RADON SAMPLING REQUIREMENTS FOR MULTIFAMILY The Federal Housing Finance Authority (FHFA) is considering an increase to radon sampling requirements for Fannie Mae and Freddie Mac multifamily loans in accordance with the EPA’s Voluntary Consensus Standards for Radon Testing and Mitigation. On July 20th, 2021, FHFA held a listening meeting to receive input and […]
BALANCE OF CAUTION AND MORE RIGOROUS UNDERWRITING REQUIREMENTS As we look ahead to a new year, and commercial real estate enters the late stages of the current cycle, transaction volume is cooling slightly, and there has been a greater focus on smaller deals being done (by Dollar size and volume), especially in the still-robust secondary […]
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