Fannie mae multifamily delegated underwriting and servicing guide

Contact Practice Co-Chairs Tim Pollock or Matt Peurach We bring a coordinated approach with more than 20 experienced attorneys from multiple industry groups and practices, partnering with our clients to navigate the Opportunity Zones economic development program.

Fannie mae multifamily delegated underwriting and servicing guide

We assist our clients in transactions providing debt capital, including syndicated and single-lender senior secured and unsecured credit facilities, real estate and other asset-based financings, mezzanine loans and other forms of junior financing, agency lending, government guaranteed loans, traditional bank financings and other types of debt financing.

Additionally, our lawyers assist clients with workouts, restructuring and other types of loan modifications.

Senior Financing — Syndicated and Single-Lender Transactions Our lawyers represent administrative agents, collateral agents, lead arrangers and book runners in syndicated senior secured and unsecured financing transactions in a variety of industries.

These types of transactions range from acquisition financing to revolving and term loans to highly structured multi-lien transactions.

Commercial Finance

By being apprised of the latest industry trends and having practical experience closing hundreds of syndicated and single-lender transactions, we are able to assist our lending clients with structuring, documenting and ultimately closing these transactions.

CMBS, Mezzanine and other Structured Products We represent a variety of lenders originating highly structured real estate loans destined for securitization and other sectors of the capital markets.

We have closed hundreds of conduit loans secured by all types of asset classes, including retail, hospitality, multifamily, office, mixed-use, condominiums and mobile home facilities.

Additionally, our team works with lenders to structure and close mezzanine and other subordinated debt financings such as "B" notes or similar junior participations in securitized loans.

Our team draws upon its experience to address situations ranging from intercreditor issues to matters impacting rating agencies review and approval. We now add to that scope of experience substantial proficiency under the Fannie Mae Delegated and Underwriting Servicing conventional loan program.

We have significant experience in transactions involving dozens of quick service or casual dining franchises, as well as convenience and gas facilities.

With often more than 50 collateral sites involved, we understand the importance of assembling a team of experienced attorneys, paralegals and other staff members to insure each closing is handled proficiently and economically.

We are often called upon to work directly with large franchisors to address franchise and lease provisions that are not in favor of lenders. Members of our finance group are knowledgeable in a wide variety of transactions, including conventional commercial transactions, construction loans, term loans, real estate, asset-based lines of credit and other secured loans.

Additionally, we assist our traditional banking clients with loan sales, modifications, foreclosures and participations. Government Guaranteed Loans The members of the Commercial Finance Practice have extensive experience with government guaranteed loans, with a particular emphasis on Small Business Administration loans.

Our team has worked with both the U.

MMM Law Real Estate Attorneys & Commercial Real Estate Lawyers

We also advise lenders and servicers on Inter-creditor Agreements, Pooling and Servicing Agreements, and other third party and investor relation issues.We are an approved Fannie Mae Delegated Underwriting and Servicing (DUS)® lender, FHA/HUD lender and Ginnie Mae issuer and offer a variety of loan products for the acquisition, refinance, construction or rehabilitation of various property types.

EVP & Head of Multifamily - Fannie Mae Jeffery R. Hayward is Fannie Mae's Executive Vice President and Head of Multifamily, reporting to the President and Chief Executive Officer.

Mr.

fannie mae multifamily delegated underwriting and servicing guide

FNMA has been a provider of financing for the multifamily market since Their Delegated Underwriting and Servicing (DUS) program is the most popular financing option for multifamily borrowers.

FNMA has partnered with 24 lenders that underwrite, fund, and service first lien loans on multifamily properties.

fannie mae multifamily delegated underwriting and servicing guide

FANNIE MAE DUS® RED Capital Group is an approved Fannie Mae Delegated Underwriting and Servicing (DUS®) mortgage lender. We underwrite, fund and service fi rst and second lien mortgage loans, structure credit facilities, and provide bond credit enhancement for properties and communities nationwide.

FEDERAL HOUSING ADMINISTRATION (FHA). The CEO of Fannie Mae, Timothy Mayopoulos, remarked in a call with HousingWire that this year marks the year anniversary of their Delegated Underwriting and Servicing model for multifamily lenders. To explore how your project or deal can take advantage of Fannie Mae’s exciting new Healthy Housing Rewards™, please contact one of Fannie Mae’s Delegated Underwriting and Servicing .

Finance and Banking Lawyers: Commercial Finance Practice