Primary Changes

Updated the radon testing requirements in Form 4251 for all Properties except:

• Small Mortgage Loans;
• Supplemental Mortgage Loans;
• Cooperative Properties;
• Manufactured Housing Communities;
• Properties with:
  • no ground-contact residential units;
  • radon resistant design elements; and
  • property-wide radon mitigation systems already in place per an existing O&M Plan;
• refinances of existing Fannie Mae or Freddie Mac loans that underwent previous radon testing per Form 4251; and
• Properties where the Environmental Professional concludes and documents testing or mitigation is unnecessary.  

Questions

Please contact the Fannie Mae Deal Team with any questions.