9th Cir. Holds Federal Foreclosure Bar Preempts Nevada HOA Superpriority Statute

The U.S. Court of Appeals for the Ninth Circuit recently held that the Federal Foreclosure Bar’s prohibition on nonconsensual foreclosure of assets of the Federal Housing Finance Agency preempted Nevada’s superpriority lien provision and invalidated a homeowners association foreclosure sale that purported to extinguish Freddie Mac’s interest in the property.    Read the article…………….


Related Articles

Condo Owners Can Proceed With Breach of Contract Claims (NY)

Loft condominium owners at 111 Hudson St. in Tribeca who discovered a $2.5 million structural defect after moving into the

AL: Homeowners’ associations face scrutiny

A state task force is looking into homeowners’ associations and whether they’re too restrictive. One Montgomery resident says he knows

Compromise Bill on Construction Defects is Ready for Governor Signature (CO)

On May 4, 2017, House Bill 17-1279 gained final unanimous approval in the Senate after unanimous approval in the House