News

Federal Court Rules HOAs Cannot Use ‘Superior-Priority Lien’ to Foreclose on GSE-Backed Loans

Mon July 27, 2015

The U.S. District Court for the District of Nevada ruled this week that homeowners’ associations (HOAs) that attach super-priority lien status to mortgage loans cannot foreclose non-judicially on mortgages backed by Fannie Mae and Freddie Mac.

read more on DSNews.com

Tags: