HOA & Code Negotiation - White Paper
Servicers have begun questioning the size and the reasonableness of fines and HOA invoices. In some cases, REO management companies are scrutinizing and negotiating with HOAs and government agencies to reduce the amounts servicers must pay. Since we began dedicating teams of experts to negotiate on behalf of our servicer-clients, we have saved them over $8 million on fee and penalty assessments of over $29 million.