Freddie Mac Mulitifamily Finance Moving Forward/Upward

Gordon L. Gerson was among 300 lenders and attorneys invited to Washington, DC to attend Freddie Mac’s Sellers/Servicer Conference on September 24-25. Although the conference took place during the week of the first vote on the government’s $700 billion bailout, the conference was decidedly update upon the lending programs of Freddie Mac for the remainder of 2008 and 2009. A message was clearly conveyed by David Moffet, conservator for Freddie Mac, that the conservatorship of Freddie Mac will not result in a decline of its commitment and funding of multifamily finance. Mr. Moffet’s comments would appear (although were not stated to be) equally applicable to Fannie Mae. For a more complete article on the conference and Freddie Mac’s commitment to growth.

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.