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Surfside Condominium Tragedy Results in Stricter Fannie Mae and Freddie Mac Requirements

On June 24, 2021, the Champlain Towers, a 12-story beachfront condominium in Surfside, Florida, partially collapsed. This tragic incident has resulted in 98 deaths, four people trapped and rescued from the rubble, and dozens of people without homes. Preliminary investigations revealed that the possible causes of the collapse were design failure, low-grade construction, and a

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