The Champlain Towers Collapse Aftermath: Fannie Mae and Freddie Mac Announce New Lender Requirements for Condominium and Cooperative Projects
In the early morning hours of June 24, 2021, the now infamous Champlain Towers South condominium in Surfside, FL, collapsed, killing 98 people. Investigations revealed construction defects, long-term water infiltration and years of deferred maintenance. The natural question in the aftermath of such a tragedy is, “What can we do to prevent such a tragedy […]