White Paper Explores Affect of HOA Liens on First Mortgagee

White Paper Available

Sperlonga, LLC has released a White Paper entitled, “The Hidden Threat of HOA Liens:  Why Delinquent HOA Accounts are a Threat to Investor ROI and First Mortgage Lien Positions”.

The White Paper notes that many servicers with Fannie Mae and HUD loans are currently in danger of finding themselves out of compliance with rules now in effect mandating that HOA delinquencies be monitored on all loans in super lien areas.

Sperlonga, founded in 2011 provides ‘reliable, centralized, and easily retrievable data on existing HOA account profiles with Homeowner, Condominium, and other Community Associations for Servicers, Investors, REO Outsourcers, Title companies, and Originators for the purpose of managing and reducing delinquent HOA accounts risks.

Read the White Paper