New FHA proposal puts reverse mortgages above HOA super liens
The Federal Housing Administration proposed a new rule today that could strengthen its Home Equity Conversion Mortgage Program. Perhaps one of the largest reforms, is the prioritization of the HECM lien above all others — the establishment of a so-called “super lien.” “This rule proposes to require, as a condition for a HECM to be eligible for loan assignment, that the HECM mortgage be in lien status prior to homeowners association and condo association liens,” the proposal states. Read the article…………….
The Third Circuit just issued a decision that tries to divine the dividing line between challenges to the formation of
The Fair Housing Act prohibits discrimination based on disability and requires housing providers, including HOAs, to make reasonable accommodations in
The Charles County Commissioners discussed new regulations for homeowners associations that may spring up from future developments at their Tuesday,