06/18/2026
Fannie Mae Is Asking Questions Most Homeowners Can’t Answer.
I recently reviewed Fannie Mae’s condominium financing questionnaire, Form 1076.
What surprised me wasn’t that the form exists.
It was the realization that many of the most important questions affecting a community’s financial health, marketability, and long-term value are already being asked.
Fannie Mae wants to know whether a community has structural deficiencies, deferred maintenance, adequate reserves, reserve studies, special assessments, funding plans, repair schedules, outstanding repairs, insurance coverage, and even loans taken to fund improvements.
In other words, one of the largest mortgage finance institutions in America is trying to answer a simple question:
Is this community protecting homeowner value?
The surprising part is that most homeowners don’t know the answers.
Not because the information doesn’t exist.
Because there has never been a practical way to make it visible.
For many owners, these issues don’t become apparent until they’re buying, selling, refinancing, or applying for a mortgage. By then, the risks may already be affecting financing eligibility, property values, or buyer demand.
The more I study community associations, the more I believe America’s HOA challenge is often less about fraud and more about visibility.
The information exists.
The visibility does not.
For decades, lenders have had questionnaires to evaluate community risk.
Homeowners deserve something similar.
Not another questionnaire.
A scoreboard.
That’s the idea behind Community Intelligence™.
Because what homeowners can’t see is often what costs them the most.
Fannie Mae has a questionnaire.
Homeowners deserve a scoreboard.
