Articles published by:

Kevin Hirzel

Condo & HOA Legislation December 4, 2023

Navigating the CTA:  A Guide for Condos and HOAs to comply with the Corporate Transparency Act

March 1, 2024 – Federal Court rules that the Corporate Transparency Act is Unconstitutional: What does it mean for Community Associations? Read our updated blog article. The Corporate Transparency Act is a federal law that was enacted in 2021 to stop individuals in foreign countries from illegally moving money into the United States.  The Corporate Transparency Act creates new reporting…
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Financial Issues, Budgets & Reserves August 1, 2023

What your Condo Association Needs to Know About the New Fannie Mae and Freddie Mac Lending Guidelines

The Surfside condominium collapse led to significant reform in the condominium lending industry.  In Lender Letter LL-2021-14, Fannie Mae and Freddie Mac implemented temporary lending guidelines in 2021 for condominium purchasers that desired to secure a mortgage as was previously discussed in Prepare your Condo for the new Fannie Mae and Freddie Mac Lending Requirements.  At the request of FHFA,…
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