On September 18, 2014, the Supreme Court of Nevada issued its decision in SFR Investments Pool 1, LLC v. U.S. Bank,1 in which the court considered the competing priorities of the holder of a first lien and the purchaser of property at a homeowner association’s foreclosure sale. The decision in SFR Investments comes on the heels of a recent ruling by the D.C. Court of Appeals that underscored similar tensions between condominium and homeowner associations and mortgage lenders about payment of delinquent association assessment charges.    Read more………