The spotlight on POA financials has been shining bright over the last several years. Since the 2021 collapse of the Champlain Towers South Condominium in Florida, state legislators, the media and loan providers, including Fannie Mae and Freddie Mac, are more closely scrutinizing the financial state of POAs. Fannie Mae and Freddie Mac in particular are requesting more information on the amount of deferred maintenance accrued by POAs. An important tool for POAs to combat this scrutiny is the reserve study.   Read the article…………………………….