Fannie Mae and Freddie Mac have announced significant updates to project standards and property insurance requirements for one- to four-unit properties and condominium developments. These changes will directly impact condominium projects, specifically in how they approach reserve studies and funding levels.
President’s Message: 3rd Quarter 2019
Patrick M. McKenna is a partner at Gawthrop Greenwood, PC as well as President of the Chester County Bar Association. His quarterly column, shown below, is featured in the CCBA magazine “New Matter.”
Gawthrop Greenwood
Gawthrop Greenwood, PC has offices in West Chester, PA and Wilmington, DE serving clients throughout the greater mid-Atlantic region and nation. For more than a century, the firm has stood behind its core principle of providing high-quality legal services with personal attention. Gawthrop Greenwood’s diverse portfolio of clients comprises entrepreneurs, businesses, and governmental entities that entrust the firm with their representation in a wide range of matters including mergers and acquisitions, commercial litigation, estate and tax planning, land use and development, and domestic relations. A complete listing of the firm’s practice areas and attorneys, as well as a variety of legal resources, can be found at www.gawthrop.com.


