Law Firms Obtain Fannie Mae’s Secret “Condo Blacklist”
Two law firms announced they obtained copies of Fannie Mae’s secret “Condo Blacklist” and are making the information public. The blacklist, formally known as Fannie Mae’s “Condo Unavailable Projects and Phases Report,” is a confidential database of buildings that the GSE won’t back loans for, largely due to maintenance or financial issues. It has been…