In the first two weeks of March 2003, GERSON LAW FIRM APC quickly responded to requests by two Fannie Mae DUS lenders for closing multifamily loans at an accelerated pace.

In one instance, the Firm closed a $10,600,000 multifamily loan secured by real property in Pittsburg, California. The transaction went from loan committee, to commitment, to rate lock, to closing and funding in three days, with GERSON LAW FIRM APC executing the transaction as lender's closing counsel.

In a second instance, the Firm acting as lender's counsel closed two multifamily loans in the amount of $6,000,000 and $6,048,000 in four days. Investment properties securing these two loans, were also in Northern California.

During the first 14 days of March 2003, GERSON LAW FIRM APC also closed six other commercial real estate loans for lender clients ranging from one of the nation's largest banks, to a local credit union.

GERSON LAW FIRM APC represents lenders for conduit, life insurance company, GSE, commercial bank, and credit union closings throughout the United States.

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