With over 351,000 homeowner associations (HOAs) in the United States, more than 26 million housing units are subject to an HOA.1 Having a comprehensive approach to uncovering HOAs in the mortgage life cycle – from origination to servicing and default – is key to managing risk.
Black Knight has a comprehensive suite of end-to-end solutions to identify loans subject to an HOA – including condominium associations and Co-Ops – as well as search and monitor for HOA delinquencies and cure delinquencies.
1Source: Dun & Bradstreet First Research, March 11, 2019. Copyright 2019, Hoover’s Inc.
**For new clients only. Up to 100 loans will be reviewed for HOA liens and foreclosure activity.