Senate Passes FHA Reforms Regarding Condominiums

Written by: on Wednesday, July, 20th, 2016

Contrary to its past position on FHA lending guidelines for condominiums, last Friday (July 15, 2016) the Senate passed the Housing Opportunity Through Modernization Act (HR 3700) , and it is now sitting on President Obama’s desk for signature. The Housing Opportunity through Modernization Act has three major components including amendments to (i) the Section [Read More...]

Pokémon…Stop!!!???

Written by: on Monday, July, 18th, 2016

In less than a week, according to Tech Crunch, Pokémon Go has surpassed the number of people using Twitter and exceeds the number of daily interactions with Facebook.  This number does not even include the number of users in Europe and Japan where the game has not yet been released.  Police have asked Pokémon GO [Read More...]

The Continuing Battle Over The Super Lien

Written by: on Wednesday, June, 15th, 2016

As the battle over the super lien heats up, not all banks are lining up to extinguish this obligation.  Some banks are recognizing the importance of the super lien and are siding with community associations in the enforcement of super lien rights. Currently there are 23 states that have enacted some form of a priority [Read More...]

Ham Radio Antennae—Do Associations Have to Allow Them?

Written by: on Tuesday, June, 14th, 2016

During the 2015-2016 federal legislative season, the Ham Radio lobby introduced H.R. 1301, a bill that seeks to prohibit associations from banning Ham Radio antennae in their communities.  This bill has been vehemently opposed by CAI for various reasons, and recently the parties reached a compromise with respect to the language contained in the bill. [Read More...]

FHA Certifications—Are Changes Afoot??

Written by: on Tuesday, May, 24th, 2016

By now, most people are aware of the condominium certification requirements imposed by the FHA.  In short, if a condominium community is not FHA certified, purchasers cannot utilize FHA financing to purchase a unit in such community.  What does that mean in reality?  It means many first-time home buyers are unable to purchase condominium units [Read More...]