Updated Fannie Mae Lending Requirements: How They Affect Your Community

Watch the Webinar!

Fannie Mae recently updated its project standards & property insurance requirements for condo and homeowners' associations. Starting January 4, 2027, Fannie Mae and Freddie Mac will require 15% reserve contributions, up from 10%. What’s more, the changes impacting condos will take effect on August 3, 2026. As the deadline approaches and budget season nears, we invite you to watch our webinar.  John Reichart, regional vice president at Associa, and Jodi Horne, principal, collateral risk management at Fannie Mae, offer a general overview of the new requirements and detail why they’re important, how they affect community associations, and what you can do to ensure compliance.

About John Reichart

John Reichart is a regional vice president for Associa, overseeing operations across eight states. With more than 25 years of experience in community associations, multifamily housing, operations, and executive leadership, he works closely with boards, developers, community association managers, and industry professionals on governance, financial planning, reserve funding, legislative compliance, and operational excellence. He currently serves on the board of directors for the New Jersey Chapter of the Community Associations Institute (CAI), is a member of the Legislative Committees for both the Pennsylvania Keystone Chapter of CAI and the New Jersey Apartment Association, and is the co-founder and former chair of the Jersey City Apartment Owners Association (JCAOA).

About Jodie Horne

Jodi is a principal at Fannie Mae, where she leads strategy and industry engagement for condominium, co-operative, and planned unit development (PUD) projects within the single-family business. In this role, she focuses on complex policy and strategic initiatives, working across the enterprise and with industry stakeholders to advance solutions that address credit, collateral, and operational risks in project-based lending. She is an active voice in the industry, contributing to discussions on evolving condo finance challenges and helping inform approaches that balance market access with effective risk management.

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