The only real solution to the HOA foreclosure fiasco « HOA Constitutional Government: "Given the current dismal state of affairs with our economy, and the increasing rate of HOA/condo foreclosures, I have been doing a lot of serious pondering (ahem!) on this major threat to the survival of HOA-land. I think I hit upon the only real solution to the HOA foreclosure problem, taking a cue from the federal government bailout of the mortgage industry, banks, and GM. I am not proposing another government bailout. Oh no!
Instead, I’m proposing a private corporation bailout. You know, like the Bank of America bailout of Merrill Lynch, etc. But, the major obstacle to this plan was, WHO? I thought and thought of candidates. In these dire circumstances it had to be a “true believer”, a corporation that had faith in HOA-land, and one that would fight tooth and nail to preserve HOA-land from collapse. Only one stood out, loudly and clearly: Community Associations Institute (CAI)."