In the wake of the tragic collapse of the Champlain South Tower in Surfside, Florida, Fannie Mae has announced that it will no longer back mortgages of people trying to buy condominium and/or co-op units in certain buildings with aging infrastructure and significant deferred maintenance. On October 13, 2021, Fannie Mae issued Temporary Requirements for Condo and Co-Op Projects, significantly impacting loans secured by units in condominium and co-ops.   Read the entire article……………………………….