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Saturday, 12/09/2023 7:06:53 PM

Saturday, December 09, 2023 7:06:53 PM

Post# of 796328
https://www.boston.com/real-estate/real-estate-news/2023/12/07/fannie-mae-to-make-its-secret-condo-blacklist-public/

Is this part of the SECRET PLAN!? Hmmm...

"Together, Fannie Mae and Freddie Mac support 70 percent of the mortgage market, according to the National Association of Realtors. If people want to buy properties that Fannie Mae won’t touch, they have to search elsewhere for a loan, which could ratchet up costs for some of the most vulnerable people in the housing market.

According to data obtained by the Globe, there were 1,770 developments in the United States on the list in May. By August, there were 2,001. As of October, there were 2,306. Thirty-seven of them were in Massachusetts, 1.6 percent of that list. Florida had the most (34.5 percent), followed by California (10.3 percent) and South Carolina (4.6 percent)."