CAI’s White Paper on HOA Reserves, Escrow of assessment fees

By Deborah Goonan, Independent American Communities Today’s blog provides continuing analysis of Community Associations Institute‚Äôs (CAI) Panel Report on the Association Governance model. In particular, let’s look at CAI’s official intent to “sell” reserve funding as “consumer protection” and push mortgage lenders to require that HOA or Condo assessments to be set aside in escrow.   CAI objectives to increase industry influence over Reserve Funding In order to overcome the problem of under funded associations, … Continue reading CAI’s White Paper on HOA Reserves, Escrow of assessment fees