Live Chat with a CLE Manager
Continuing Legal Education courses for Attorneys
Online CLE courses, cle courses, cle state bar courses

Fannie Mae and FHA Condominium Regulation and Policy

SKU: REL2200
Total Credits
0.5 - 1
Price$50
  • Online Access
  • Smartphone
  • iPad/iPod/Tablets
  • CDs/DVDs

Description

This CLE course will explore the relevant guidelines and legal requirements that regulate the availability of obtaining end-loan financing for condominium and cooperative developments which attorneys are relied upon by developers for advice and guidance. Starting with a brief discussion of the history and market trends that led to the current regulatory environment, the course will then explore the currently available financing options and methods for obtaining approval from Fannie Mae, the FHA, and lender’s portfolio financing. The course will explore general eligibility requirements as well as provide a more nuanced discussion of the specific requirements regarding: the legal governing documents of developments, the increasing importance of reserve fund and reserve study requirements, integration of commercial space into residential developments, insurance requirements, and other topics that lawyers are increasingly being confronted with as they provide legal advice and guidance to developers seeking to build such developments.

Lecturer Bio

Orest Tomaselli

Orest Tomaselli, Chief Executive Officer of National Condo Advisors, LLC, has over 20 years of experience with nationwide condo project approvals and nationwide FHA, Fannie Mae and VA lending. He is an expert in new construction financing, residential financing, condominium and cooperative project approval guidelines and strategic liquidation planning. He has consulted nationally on thousands of condominium and cooperative developments and has lectured for national lenders, hedge funds, law firms, HOA management and developer consortiums and has lectured for the New York State Bar Association and New York Attorney Generals Office. National Condo Advisors, LLC, provides nationwide condominium project approval service. Comprised of real estate finance and legal professionals, National Condo Advisors provides guidance to builders, developers, homeowners’ associations, institutional investors, lenders, and real estate firms. NCA’s range of services include full consultations and submission of projects to FHA, FNMA, VA and private portfolio lending institutions for condominium and cooperative project approvals, limited reviews to resolve specific compliance problems, and providing a path to obtaining end-loan financing for its clients. NCA's affiliated engineer firm, Strategic Inspections, LLC, provides project approval and lender required engineering reports for condominium and cooperative developments specifically tailored to meet agency compliance guidelines. SI’s range of services include agency required reserve studies and noise studies, as well as transition studies and submitting projects to FEMA for removal from flood zones for eligible real estate.



States where Nacle.com Offers Online, Smartphones, Tablets, Audio CD & DVD CLE (Continuing Legal Education):
Alaska CLE | Arizona CLE | California MCLE | Colorado CLE | Connecticut CLE | Delaware CLE | Florida CLE | Georgia CLE | Hawaii CLE | Illinois MCLE | Indiana CLE | Kentucky CLE | Missouri CLE | Mississippi CLE | New Hampshire CLE | New Jersey CLE | New Mexico CLE | Nevada CLE | New York CLE | Ohio CLE | Oregon CLE | Pennsylvania CLE | Tennessee CLE | Texas CLE | Utah CLE | Virginia CLE | Virgin Islands CLE | Washington CLE | Wisconsin CLE | West Virginia CLE | Online CLE Courses | Live CLE Calendar | NY BTG CLE | Teach at the Academy | F.A.Q.
Hardship Policy | Terms And Conditions | Contact Us | Account Login | Unlimited CLE | Sitemap | Mobile Site
Copyright © 2000 - 2017 National Academy of Continuing Legal Education. All Rights Reserved.