In response to the tragic collapse of the Champlain South Tower in Surfside, Florida, many lenders began considering new ways to assess and manage risk in buildings with potentially unsafe conditions. In October, Fannie Mae issued Lender Letter LL-2021-14 outlining additional requirements that went into effect on January 1, 2022 impacting the eligibility of condo and co-op projects with five or more attached units.   Read the entire article……………………………….