The number of properties with associations is constantly increasing with more than 350,000 homeowner associations across the US.
Are you managing your risk throughout the mortgage life cycle? PHOENIX provides HOA solutions to assist mortgage service clients with properties within homeowners associations, condo associations, co-ops, lake or maintenance associations, as well as properties with ground rent or lot leases. It is necessary to reduce the risk of losing first lien position in super lien states by monitoring portfolios for liens and curing delinquencies while keeping association accounts current depending on the mortgage life cycle stage.
See the provided PHOENIX HOA White Paper to acquire useful suggestions for negotiation tactics, tips for reviewing and applying state statute or governing docs when negotiating, and statute updates, as well as seeing how PHOENIX makes an impact.