News sources are reporting that Fannie Mae and Freddie Mac earned record profits in the first quarter, prompting some experts to say that these profits may be used to halt raising the federal debt ceiling. Gordon Gerson of Gerson Law Firm here tells GlobeSt.com that he agrees this could be the unanticipated outcome—unanticipated because of how much scrutiny and criticism the GSEs have undergone recently. Read the full article from GlobeSt.com by following this link: http://www.globest.com/news/12_604/sandiego/multifamily/Can-the-GSEs-Solve-the-Debt-Crisis-333258.html?ET=globest:e38532:#field2#a:&st=email&s=&cmp=gst:National_AM_20130514:editorial
GERSON LAW FIRM APC
GERSON LAW FIRM APC represents clients on all matters real estate and business related, both transactional and litigation. GERSON LAW FIRM APC is nationally recognized for its representation of some of the nation's largest lenders on loan closings, special servicing, and enforcement proceedings throughout the United States. GERSON LAW FIRM APC practice includes representing lenders closing loans under Fannie Mae's DUS Lending Program and Freddie Mac's Program Plus for multifamily investments. GERSON LAW FIRM APC represents major national banks, life insurance companies, and private funds in all matters lending related, including originations and loss mitigation strategies, for hotels, office buildings, shopping centers, multifamily and construction.