Earlier today, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). We wanted to alert you to a few provisions of this legislation that may have an immediate impact on multifamily property...more
3/27/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Fannie Mae ,
Financial Stimulus ,
Forbearance Agreements ,
Freddie Mac ,
HUD ,
Mortgages ,
Multi-Family Development ,
Paycheck Protection Program (PPP) ,
Property Owners ,
Relief Measures
President Obama signed the Housing Opportunity Through Modernization Act (H.R. 3700) into law on July 29. Title III of the Act will significantly modify Federal Housing Administration (FHA) condominium mortgage insurance...more
8/9/2016
/ Condominiums ,
Fannie Mae ,
Federal Housing Administration (FHA) ,
Freddie Mac ,
HUD ,
Mortgage Insurance ,
Mortgages ,
New Legislation ,
Popular ,
Real Estate Development ,
Real Estate Market
The circumstances under which a condominium or homeowners association (HOA) lien for unpaid assessments may wipe out a lender’s mortgage lien continues to evolve across the country. As noted in our previous alerts regarding...more
8/3/2015
/ Bank of America ,
Condominiums ,
Fannie Mae ,
FHFA ,
Foreclosure ,
Freddie Mac ,
Homeowners Association (HOA) ,
HUD ,
Liens ,
Mortgages ,
Preemption ,
Residential Property Owners