A federal mortgage blacklist is making it nearly impossible to buy and sell condos in California . The list is compiled by ...
After Fannie Mae quietly tightened lending standards due to insurance shortfalls, some property owners have been unable to ...
The blacklisting of condominium/condo associations by financial institutions and insurance providers has emerged as a pressing issue in the ...
Bill Pulte removed a combined 14 board members from Fannie Mae and Freddie Mac and appointed himself as chair of both ...
Buying a condo is tricky enough. But a federal database of problematic condo buildings — which some lenders are calling a ...
Condo listings across Southern California are soaring, but so are the number of condo complexes lenders won’t touch.
The blacklist, first reported by The Wall Street Journal, is maintained by Fannie Mae. The government-sponsored entity ...
The agency refuses to back mortgages for properties that it deems to be underinsured or have underfunded reserves.
California has 685 condo complexes on the blacklist, which makes getting government-backed loans nearly impossible.
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 ...
Rising insurance costs are leading providers and condo associations to consider changes to policies that would make some ...
A secret mortgage blacklist is leaving thousands of condo owners unable to sell their homes. The list is compiled by mortgage ...