FLORIDA – Florida Appellate Court Bolsters Statutory HOA Safe Harbor
In Catalina West HOA and Old Cutler Lakes by the Bay Community Association v. Federal National Mortgage Association, borrowers entered into a mortgage loan with JPMorgan Chase Bank, N.A. Federal National Mortgage Association (“Fannie Mae”) later purchased the borrowers’ loan and after the borrowers defaulted on their loan, Fannie Mae filed a judicial foreclosure action. On February 6, 2013, Fannie Mae obtained a Final Judgment of Foreclosure, and on April 2, 2013, Fannie Mae obtained a Certificate of Title. On December 19, 2013, the homeowners associations each provided estoppel letters to Fannie Mae that included violation charges, costs and attorney’s fees. Read more:
Posted on April 27, 2016, in Uncategorized. Bookmark the permalink. Comments Off on FLORIDA – Florida Appellate Court Bolsters Statutory HOA Safe Harbor.