Fannie Mae, Freddie Mac add condo data but lenders want more

Four years after a notorious condominium collapse that suddenly tightened home lending standards, influential government-sponsored enterprises have soothed some industry tensions, but lenders say there’s still more to be done.

“Increased transparency regarding which condo projects are and are not on Fannie and Freddie’s approved list has been a big CHLA priority — so we are pleased with progress in that area,” said Scott Olson, executive director of the Community Home Lenders of America.

Mortgage companies nevertheless still have frustrations with the list Fannie Mae and Freddie Mac have of buildings considered too unsound to fund single-family units in, and perhaps more so the ability to do something about it within sales timelines if there’s an issue.

Part of this comes from current…