A federal ‘naughty list’ is making some California condo sales nearly impossible
Buying a condo is tricky enough. But a federal database of problematic condo buildings — which some lenders are calling a ...
California Condos Placed on 'Mortgage Blacklist'
The blacklist, first reported by The Wall Street Journal, is maintained by Fannie Mae. The government-sponsored entity ...
Map: See the 700 condo communities in California on Fannie Mae’s blacklist
The agency refuses to back mortgages for properties that it deems to be underinsured or have underfunded reserves.
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733 California condo buildings are on a secret 'mortgage blacklist.' Here's where they are
About 700 condominium complexes around California have been placed on a "mortgage blacklist" that is creating a headache for owners looking to sell their properties and, in many cases, forcing them to ...