Fannie Mae, a federally chartered company that helps determine who qualifies for home mortgages, maintains a confidential database of condo buildings that it won’t back for loans, typically because of maintenance, insurance or financial issues.
The number of South Florida condos on the list has more than doubled since 2023, according to figures complied by a law firm that obtained the database from a source. The so-called blacklist includes 696 condos in Miami-Dade, Broward and Palm Beach counties as of March, the data from Allcock Marcus shows.
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