Description

On Aug. 15, 2024, Freddie Mac released new guidelines for multifamily loan products, which now require a title insurance underwriter to act as escrow agent and closing agent on loans and acquisitions for multifamily properties. This presentation will review Chapter 29 of Freddie Mac’s Multifamily Seller/Servicer Guide, discuss the new guidelines, and examine their implementation and effect on commercial real estate transactions.

  • Learn about the new Freddie Mac Multifamily Loan guidelines
  • Understand what you can do when handling a multifamily loan closing
  • Hear how The Fund’s Commercial Services Department can assist with these transactions
     

Presenter(s)

Kara Scott

Legal Education Attorney, The Fund

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Kara Scott, is a Fund Legal Education Attorney.  She presents on a variety of topics in addition to co-teaching Fund New Member Training, Fund Paraprofessional Training and Fund Commercial Training.  Prior to joining the Fund’s Legal Education Department in 2023, she was a Senior Associate in a Fund Member’s Sarasota office, with a practice focused on residential and commercial real estate transactions, business law, land use, and estate administration. Kara is a graduate of Rhode Island College and New England School of Law and practiced law in Rhode Island for 24 years before relocating to Florida in 2019. She is a member of the Florida Bar’s RPPTL section and its Title Issues & Standards Committee.

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