Monthly Archives: November 2016

NEW FHA CERTIFICATION GUIDELINES TO LAND SOON, ENDING A 5-YEAR HOLDING PATTERN

By: Tracy N. Danner-Bond, Esq. On June 30, 2011, the Condominium Project Approval and Processing Guide (“Guide”) was published by the U.S. Department of Housing and Urban Development (“HUD”).  The Guide was designed to provide Federal Housing Administration (“FHA) condominium … Continue reading

Posted in FHA Certification, Mortgages | Leave a comment

Chapter 7 Bankruptcy: JUST KEEP SWIMMING: NAVIGATING THE WATERS OF A CO-OWNER’S CHAPTER 7 BANKRUPTCY FILING

By: Melissa D. Francis, Esq. Bankruptcy matters (chapter 7 bankruptcy) can be treacherous waters for Condominium Association Boards to navigate. Such issues should, in most cases, be referred directly to the Association’s legal counsel, who should be experienced in handling … Continue reading

Posted in Assessments, Bankruptcy, Collections | Leave a comment