In many instances, those restrictions were adopted to combat decreased owner-occupancy rates in order to keep the condominium eligible as a HUD-approved condominium project, which allows owners and buyers to obtain FHA financing.
He earned his Juris Doctor from California Western School of Law and thereafter obtained a Master of Laws (LLM) in Taxation from the University of San Diego School of Law.
Eric publishes extensively on various issues affecting consumer lending and litigation, including both federal and California-specific developments. He is also a licensed real estate broker in the State of California.
He concentrates his practice primarily on the defense of consumer and commercial financial services companies, including mortgage lenders and servicers, mortgage loan investors, third party debt collectors, and other financial services providers.
He also counsels clients on regulatory compliance, licensing, and other consumer protection matters.
Accordingly, the Ninth Circuit affirmed the trial court’s summary judgment in favor of Freddie Mac and the FHFA.