Monday, March 02, 2009

Lawmakers look for ways to aid condo associations - Business Monday - MiamiHerald.com

Lawmakers look for ways to aid condo associations - Business Monday - MiamiHerald.com: "State Rep. Julio Robaina, a Miami Republican who has hosted a series of town hall meetings on the issue, said his top priority would be ensuring associations are made whole by banks before the foreclosure process is finished and huge delinquencies have accumulated.

Other lawmakers are also proposing legislation to address the problem.

''Constituents have brought me clear evidence that banks are purposely delaying the foreclosure proceedings, thus hurting the associations,'' Robaina said."

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I wonder if owner groups can join with CAI in backing this.

1 comment:

Anonymous said...

Say it ain't so Evan ;)

We have been beating this drum for over a year now.