Tag Archives: Finances

National – Standardized Condominium Project Questionnaires Released by FHFA, FNMA and Freddie Mac

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Last week, Federal Housing Finance Agency, Freddie Mac and Fannie Mae released standardized Condominium Project Questionnaire forms.

According to Freddie Mac’s website, “The new forms provide greater consistency and clarity for lenders as they work to collect information to determine eligibility for mortgages secured by units in condominium projects.”

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Nevada – HOA boards can charge for copies of financial records

HOA boards can charge for copies of financial recordsComments posted below are from readers. In no way do they represent the view of Stephens Media LLC or this newspaper. This is a public forum. Read our guidelines for posting. If you believe that a commenter has not followed these guidelines, please click the FLAG icon next to the comment.

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District of Columbia – Rising community association fees are squeezing homeowners on tight budgets

For some homeowners, it’s not the mortgage or taxes they can’t afford – it’s the rising association fees.That day is approaching faster than she expected. Her monthly fee, $166 when she moved in, has more than doubled to $371, and a special assessment for building expenses a couple of years ago cost her an additional $583. Now, with no telling how much more the fees will rise, she wonders whether she can afford to retire on schedule.

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Florida – Highland City Homeowners Association Treasurer Gets Probation

Highland City Homeowners Association Treasurer Gets ProbationBARTOW | A homeowners association official was sentenced Friday to five years of probation for stealing more than $14,000 from the association. John Joseph Lanza Jr. served as treasurer for Sunset Vista in Highland City. He was arrested in May 2012 after an investigation by the Polk County Sheriff’s Office.

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Illinois – Association should perform annual legal audit

Association should perform annual legal auditYour Community News & Weather loading… Article posted: 12/21/2013 12:12 AM It’s that time of year again when a condominium or homeowner association board should conduct a review of its corporate procedures and activities. The board can do this on its own, for the most, or with minimal assistance of third parties.

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Tennessee – Lawsuit alleges fraud by officers of Brentwood homeowners association

Lawsuit alleges fraud by officers of Brentwood homeowners associationBeneath the facade of one of Brentwood’s most affluent communities, neighbors have come toe-to-toe in federal court over allegations of wiretapping, fraud and public, vulgar name-calling. A homeowner in the gated Hampton Reserve subdivision has filed a lawsuit in U.S.

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Florida – Resident of Sloan’s Curve sues 11 in dispute

Resident of Sloan’s Curve sues 11 in disputeDaily News Staff Writer A long-running feud over who should run the Sloan’s Curve Homeowners Association’s tennis center has spawned a 96-page lawsuit that alleges bid-rigging and a wide-spread hate-mail campaign. Entrepreneur and businessman Harold Peerenboom filed the lawsuit in Palm Beach County Circuit Court last month, naming 11 defendants, mostly residents of the private community.

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