In a very aggressive action, a Florida Condominium Association has prevailed in collecting $98,000 in assessments, late fees, and collection costs (in addition to attorney fees), from Federal National Mortgage Association (FNMA) after a bank foreclosure. The case is now on appeal and could take a year or more to get finally resolved. Look to Morris Sperry for cutting edge community association law news and services.
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Florida Condominium Prevails in Collecting Assessments Against FNMA after Bank Foreclosure
June 17, 2013