Report: Freddie Mac bets against homeowner refinancings

NPR and ProPublica investigation shines light on investment practices

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Posted on January 30, 2012.
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Contact Information

Email - info@lynnhattan.com
Phone - (617) 378-2135

Bathroom

•	Dropped drywall ceiling, predominantly at an 8’ height.
•	White porcelain toilet.
•	White, ceramic tile (subway style 2” X 3”) tub surround
•	Chrome showerhead, tub spout, and Symmons control valve, or equivalent
•	Original hardwood floors in bathroom.
•	Surface mounted vanity light, and integral ceiling mounted exhaust fan with light.
•	Beveled mirror medicine cabinet (recessed)
•	24" wide vanity, with one piece integral lavatory bowl and backsplash top
•	Chrome lavatory faucet.

Ceilings

•	Heights range from 8 to 16 feet.
•	5/8" gypsum board.

Common Area Flooring

•	Original Terrazzo, or hardwood floors.
•	Rear stairwell has original steel decking.

Door Hardware

•	Residential quality, predominantly polished chrome metal finish.

Communications

•	Telephone, cable TV, and broadband Internet feed a Quick Network panel by Future Smart®, which allows easy switching of services, to any of the pre-wired jacks within the Loft.
•	Instant high speed Internet access to all jacks.

Demising Walls

•	Insulated stud wall with single layer 5/8" gypsum board. Domestic Hot Water
•	Individual 40 gallon+/- electric hot water heater, GE or equivalent.

Electrical Power

•	125 AMP panel in each unit
•	120/240 volt service

Elevator

•	Passenger elevator located in stairwell accessing Exchange Street.

Exterior Entry Doors

•	Original Terrazzo, or hardwood floors.
•	Stained oak door with glass panels in front stairwell.
•	New Hartford Green, single light, aluminum door in rear stairwell

Exterior Walls

•	Original Terrazzo, or hardwood floors.
•	Existing masonry and brick

Fire Suppression

•	Original Terrazzo, or hardwood floors.
•	Existing masonry and brick
•	Entire building is safeguarded by a new fire protection sprinkler system.
•	Each unit’s air conditioning and heating system are controlled separately.

Heating and Cooling

•	Each unit’s air conditioning and heating system are controlled separately.
•	American Standard, extra high efficiency, gas-fired, forced hot air furnaces
•	Two stage furnaces provide not only higher efficiency, but also operate much quieter
•	Heating systems, predominantly hung from ceiling in storage area, and roof mounted condenser units.
•	Exposed spiral unpainted ductwork in all units.

Individual Storage Units

•	Storage loft built into each Condo.

Intercom / Security System

•	Intercom with digital name directory, at both front and rear entrances, connected to every loft via phone system.

Interior Doors

•	Solid wood doors, primed and painted with semi-gloss finish.

Interior Entry Doors

•	Birch veneer, solid core, fire-rated doors

Interior Partitions

•	Standard stud walls with gypsum board each side.
•	Open floor plan without bedroom partitions (i.e., "raw" loft).

Kitchen Appliances and Finish

•	All appliances are Maytag, Stainless Steel.
•	30" 4-burner gas range with oven.
•	36” side by side refrigerator, door dispenser for water & ice
•	Under-counter dishwasher.
•	Space-saver microwave, with built-in ductless exhaust vent.
•	Sink-mounted heavy-duty disposal.
•	Stainless steel sink.

Kitchen Cabinets and Countertops

•	Standard kitchens will consist of birch cabinets with granite countertops and backsplashes.

Laundry Appliances

•	Hookup for stackable washer and electric dryer.

Parking

•	Deeded lot in private parking lot.

Roofing

•	Flat areas are roofed continuously with new, insulated, EPDM membrane roofing.

Trim

•	1x6 wood base trim (1x4 in closets) on non-masonry walls.
•	1x4 door wood trim.

Unit and Common Area Lighting

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1x6 wood base trim (1x4 in closets) on non-masonry walls.

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1x4 door wood trim.

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Vanity light in bathroom

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Lighting in each unit will be unique – the following are examples of what may be found:

-	Track lighting
-	Ceiling fans
-	Wall sconces
-	Recessed lighting

Unit Colors

•	All walls in Benjamin Moore Matte, linen white, or equivalent.
•	All new ceilings in Benjamin Moore, Super White Wall Satin, or equivalent. All Calcimine ceilings with California’s Ox-O-Flow, Flat, Cal-Coater, or equivalent.
•	All interior doors and trims in Benjamin Moore semi-gloss white, or equivalent.

Unit Flooring (except as noted)

•	Existing wood floor refinished with three coats of polyurethane finish.

Utility Room

•	8’ dropped drywall ceiling.
•	Floor consists of a rubber pan with drain.
•	Surface mounted fluorescent light.

Wall, Ceiling & Trim Finish

•	Exposed brick interior perimeter walls where available.
•	Bathroom walls primed and painted, two coats total with semi-gloss finish.
•	All other walls primed and painted, two coats total with flat enamel finish.
•	All ceilings primed and painted, two coats total with flat finish.
•	All trim primed and painted, two coats total with semi-gloss finish.

Windows and Skylights

•	Hunter green aluminum, double-hung, insulated glass, windows with Ultralift balances on lower sash, for easier opening and longer balance life.
•	Over sized windows will have a fixed transom at the top of the window.
•	All operable windows include screens.

View Zillow Listing

$220,000