On July 20 at 1 p.m. ET the Federal Housing Finance Agency will hold a listening session on radon testing and mitigation at Fannie Mae and Freddie Mac (the Enterprises) multifamily properties. Register here. FHFA is considering adopting the Environmental Protection Agency’s Voluntary Consensus Standards for Radon Testing and Mitigation for Enterprise multifamily loans. The Enterprises are reviewing their radon underwriting standards to ensure they are comprehensive, data informed, fully understood by lenders, and properly implemented and enforced.
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