WHAT’S BEHIND THE GSES’ SUMMER COMEBACK

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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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.