Tackling Fannie Mae’s PNA Changes

A few months ago Fannie Mae tweaked its Physical Needs Assessment (PNA) guidelines. GRS Group’s Bill Tryon wrote in this space at the beginning of the year when revisions were first announced by the GSE. Now that the changes in PNA standards have been implemented for...

UPDATE: Fannie Mae Revisions to PNA Requirements

We just received verification that Fannie Mae revisions to Physical Needs Assessment requirements have been published. Related documents can be downloaded from Fannie Mae’s web site at https://www.fanniemae.com/multifamily/current-guide-forms. Initial review indicates...

Fannie Mae Revisions to PNA Requirements

A few months ago Fannie Mae announced revisions to their requirements for the completion of Physical Needs Assessments included in their Form 4099, Instructions to the PNA Property Evaluator. Revisions are scheduled to go into effect for reports ordered on or after...

Carbon Monoxide Detectors

The 2012 life-safety code requires the installation of carbon monoxide alarm or detection systems in new single-family and multifamily residences with attached garages* or which contain permanently installed fuel burning appliances. Though not required for existing...

Point Solutions in a Variable World

Due diligence consultants are regularly asked to conclude a single right answer in a world dominated by variables. Appraisals, for example, provide an estimated value which, in combination with other variables, determines the amount of money lenders are willing to...