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 Board of Directors of Waterford Master Residential Association has announced that the Community Association…
A Burnaby condo owner has won a victory over his strata after it accused him…
For condominium owners or buyers in Florida, it was a one-two punch, a vicious combination…
Serving on the board of a homeowner association is a high calling. Well meaning volunteers…
The state water board in charge of Lake Tahoe broke California laws and its own…
Racially restrictive deeds and exclusionary covenants are still scattered across the Kansas City metro, embedded…