Surfside Condominium Tragedy Results in Stricter Fannie Mae and Freddie Mac Requirements
The Champlain Towers South in Surfside, Florida, partly collapsed on June 24, 2021, leaving 98 people dead and many more homeless. Initial studies found that design flaws, substandard construction, and a lack of proper and regular building maintenance likely contributed to the disaster. On June 26, 2021, Surfside authorities released Engineer Frank Morabito’s 2018 report…