First published August 18, 2014 on GlobeSt.com:
SAN DIEGO—Summer has been a strong season for Fannie Mae and Freddie Mac, at least from Gerson Law Firm APC’s perspective. During the month of July, the firm closed loans on lender engagements that included 18 Fannie Mae and Freddie Mac multifamily loans for more than $62 million, as well as several CMBS, SBA credit union and bank loans, loan assumptions and modifications for a volume of transactions that exceeded $85 million. GlobeSt.com spoke with Gerson to discuss what let up to the GSEs’ summer surge and where he sees this trend heading in the future.
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