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Can Co-op Boards Avoid Prepayment Penalties on Underlying Mortgages?

. Moreover, the recent trend has been toward the lender asking boards to agree to mortgages requiring that co ... The whole process of refinancing a co-op's underlying mortgage – fully investigating the issues ... Can Co-op Boards Avoid Prepayment Penalties on Underlying Mortgages?

Must the Dreaded Co-op Admission Interview Include Your Children?

New York City

-behaved and above average? Must parents bring children kids to the co-op board interview? Brokers tell all

Solving the Prepayment Puzzle UNABRIDGED

Magazine Article by Jonathan Leaf on September 01, 2014

To prepay or not to prepay – the ins and outs of refinancing your mortgage, and what all of your ... , and then retained David Lipson, a seasoned and respected mortgage broker, to advise and assist. In the end, she ... Mortgages Payments Refinancing ... A guide to getting the best deal on refinancing your mortgage.

Obituary: Andrea Bunis, Head of Namesake NYC Management Company

New York City

Estate Certificate Program, where, as a State-licensed real estate broker, she would return to teach

Exclusive: Halstead Property Buys Management Firm Gerard J. Picaso Inc.

New York City

." But about a year ago, "We were at a building interview and the board president asked me, 'What happens ... ,000 brokers throughout the tristate area and a residential management company for more than 180 buildings, has

Exploding Toilets, Imploding Mortgages UNABRIDGED

Magazine Article by Bill Morris on August 01, 2014

been approved,” Friedman says, “mortgage brokers told me that Fannie Mae had [refused to back ... Exploding Toilets, Imploding Mortgages

The Solarscaping of Georgetown Mews UNABRIDGED

Magazine Article by Ronda Kaysen on August 01, 2014

mortgage with John Hancock. At the time, the solar project was not on the table, so Georgetown Mews didn

Secrets of Powerful Partnerships UNABRIDGED

Magazine Article by Tom Soter on August 01, 2014

to great success. They had a huge mortgage; they had millions in arrears; they closed out a sponsor

The Prepay Penalty: The Borrower’s Burden UNABRIDGED

Magazine Article by Patrick B. Niland on August 01, 2014

With very rare exceptions, all underlying mortgages have prepayment penalties. Why? ... ’s underlying mortgage, and every loan we’ve looked at has a yield maintenance prepayment penalty like the one ... Mortgages Refinancing ... Ask the Mortgage Broker

Exploding Toilets Lead to Imploding Mortgages at Brooklyn's Caton Towers

Caton Towers, 135 Ocean Parkway, Kensington

in progress, with financing secured. Then the board got a surprise. "Brokers who thought they had done deals ... Federal National Mortgage Association, popularly known as Fannie Mae, is now declining to back mortgages ... Caton Towers Exploding Toilets Imploding Mortgages ... Exploding Toilets Lead to Imploding Mortgages at Brooklyn's Caton Towers

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 2024

Habitat Week by Week

Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.

Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

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