ECHO Journal Article Index

The ECHO Journal is a monthly magazine addressing topics of vital interest to directors, officers and managers of homeowner associations. The most recent issues of the ECHO Journal appear below. To see the feature articles in each issue, click on the issue date. To view an abstract of individual articles, click on the article title. For more information about articles contained in the ECHO Journal, contact the ECHO office.

April 2010     Bankruptcy Won't Work Money has been tight for the association for some time. If the association cannot pay its bills, why not simply declare bankruptcy? This article discusses the practical and legal reasons why associations almost never go into bankruptcy.     Is Financing for Condo Loans in Jeopardy? Financing for associations may be in serious jeopardy. Indeed, financing for owner-occupied real estate purchases or refinances is tighter than it has been in years. Because of recent changes in the FHA certification processes, condos are heavier hit than other common interest developments. Read this article to understand this situation better.     Myths and Misconceptions Regarding FHA Condominium Approvals It is important to understand what the FHA is trying to accomplish to know why it has changed its lending requirements. Just like Fannie Mae, Freddie Mac or any mortgage lender, the FHA is required to assess risk in an effort to make lending or underwriting policy.     How to Select a Towing Company What is required for private property towing? This article assists you with investigating and selecting qualified private property towing companies. It describes the qualifications that need to be verified before allowing tow companies to provide private property towing services for a property.