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Loura K. Sanchez
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Recent Articles
Fannie Mae Amends Guidelines Again
Several months ago I blogged that Fannie Mae had amended its guidelines regarding eligible condominium projects. In response to the market conditions, they are issues revised guidelines. Announcement 08-34 issued earlier this month includes the following: The 15% delinquency cap requires...
Looking for Data to Support Going Smoke-Free in Your Association?
In two recent studies released by the Oregon Public Health Division earlier this month, it was reported that 3/4 of all residents in an apartment building that had recently gone smoke-free were happy or very happy with the no-smoking rule and even among smokers, 30% felt the same way. In...
ADA Amendments Act of 2008 Become Effective January 1, 2009
On January 1, 2009, the ADA Amendments Act of 2008 (ADAAA) become effective. The previous law prohibiting employers with 15 or more employees from discriminating against individuals in employment, public accommodations and other areas remains the same but now employers must comply with the new...
Warning - Associations Are Not Required to File Minutes With Secretary of State
Warning! If you received a mailing from Colorado Corporate Compliance that requests your association to send a fee ranging from $150.00 to $175.00 in order to process meeting minutes - IT IS NOT REQUIRED!! Despite the implications in this solicitation, associations are not required by...
Fannie Mae Announces Temporary Halt Of Foreclosure Sales and Evictions
Freddie Mac has ordered its national network of mortgage servicers and foreclosure attorneys to suspend all foreclosure sales and evictions involving occupied single family and 2-4 unit properties with Freddie Mac-owned mortgages between November 26, 2008 and January 9, 2009. This suspension will...