LA’s dubious distinction: No. 1 on Fannie Mae’s California “blacklist”
Condominium listings across Southern California are soaring — but so are the number of complexes “blacklisted” against loans by Fannie Mae. The No. 1 on the list: Los Angeles. The federally sponsored mortgage financing firm has included 438 condominium complexes across a five-county region in its do-not-lend “blacklist,” the Orange County Register reported, citing figures […]This article originally appeared on The Real Deal. Click here to read the full story.
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