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  1. Fannie Mae and Freddie Mac have updated their standards for financing condominium properties, requiring stricter checks on buildings following a collapse in 2021.

Fannie Mae and Freddie Mac jointly introduced new lending rules for mortgage products, informed by the due diligence requirements following a past collapse.

2 reports, 2 independent Updated Sep 7
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Some supportReported by 2 outlets

Fannie Mae and Freddie Mac jointly introduced new lending rules for mortgage products, informed by the due diligence requirements following a past collapse.

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