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Loan Modification

: Mortgage Lender Implode-o-Meter

Some HOAs sue or foreclose to collect dues

By Implode-Explode Heavy Industries

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"Georgia is one of about 30 states where HOAs are empowered to take such drastic action. Though solid data on the trend is not available, by all accounts, such foreclosures ? and other get-tough tactics ? have occurred more often during this recession than in previous downturns."

Full post as published by Mortgage Lender Implode-o-Meter on July 11, 2010 (boomark / email).

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