Fannie Mae Halts Financing for 6,102 Condos in Laguna Woods

Orange County Register, Mar. 2, 2023–Jeff Lazerson
The community, according to its HOA management firm, has a nearly $1 billion insurance deficit, prompting the mortgage giant to pull it from its list of eligible (warrantable) condos. Instead, Third Laguna Hills Mutual was placed on the unwarrantable condo list. (MBA mention)
https://www.ocregister.com/2023/03/02/fannie-mae-halts-financing-for-6102-condos-in-laguna-woods/