When It Comes To The HOA/COA Lien Process, Misconceptions Abound

/ Owner - May 24, 2017

Working with homeowners associations (HOAs) and condo owners associations (COAs) often leads to confusion among servicers – and that confusion may lead to problems during the lien process.   uring a recent interview with MortgageOrb, Damon Paxson, vice president of HOA solutions at LRES, a national residential and commercial real estate services company providing valuations, real estate owned asset management, HOA, and technology solutions for the mortgage industry, discussed why it is so important for mortgage servicers to fully understand the complexities behind working with these properties so they can keep themselves protected from having to pay any unnecessary fees.   Read the article…………..

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