U.S. Supreme Court ruling preserving second mortgages in Chap. 7 bankruptcies exposes flaw in bankruptcy code for community associations
The recent decision by the U.S. Supreme Court in the case of Bank of America v. Caulkett represents an important win for mortgage lenders as well as community associations. The court ruled that homeowners who are underwater on their first mortgage cannot void second mortgages by filing for Chapter 7 bankruptcy, and the ruling also appears to apply to other secured lienholders including community associations. Read the article………..
Newly introduced Pennsylvania House Bill 319 aims to give property owners better access to the records in their associations by
For those of you who were busy enjoying the holidays around the end of December, you may have missed a
On December 23, 2016, San Francisco Superior Court Judge Richard B. Ulmer, Jr. issued a preliminary injunction barring Gramercy Towers