Tag Archives: nation

CA: PG&E pipe that exploded in Cupertino was made of material connected

The explosion and fire that ripped through a Cupertino home this week was caused by a crack in a PG&E gas line made of a material whose regular failures have been the subject of at least two federal safety advisories, numerous lawsuits and accidents across the nation dating back at least a decade.

Authors: Community Associations Network National

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NV: HOAs are important to our valley communities

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

The economy has suffered blow after blow the past few years, which has resulted in far-reaching and devastating effects on people across the country. As we have seen here in Southern Nevada and throughout the nation, many can’t afford to pay their mortgages and homeowners association assessments and end up facing foreclosure.
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MA: Court rules against banks in pivotal mortgage case

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. Friday in a widely watched mortgage foreclosure case that could have serious implications for the nation’s largest banks.
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5 surprising facts about HOA defaults

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Foreclosures, job losses and the general economic downturn have put the squeeze on the books of a sizeable number of the nation’s estimated 310,000 homeowners associations as residents (and the banks that have seized homes) stop paying their monthly assessments, according to a recent study.
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