Get to Know the “Three F’s” of Multifamily Finance: Exploring the Legal Requirements of Fannie, Freddie and FHA
Many clients are using Fannie Mae, Freddie Mac, and FHA (HUD) programs to get loans for market rate and affordable multifamily housing projects. Attorneys representing those developers need to have a grasp of the legal nuances that distinguish Fannie from Freddie and Freddie from FHA. The panelists will compare and contrast the legal requirements surrounding Fannie, Freddie, and FHA-insured loan closings. The session will also include a discussion of the mysterious Ginnie Mae.