Posted By CotoBlogzz
Rancho Santa Margarita, CA - As if tyrannical homeowner’s associations (HOA) board of directors did not have enough help from industry advocates, like the CLRC, the Community Association Industry (CAI), ECHO or technology partners like Village Management Systems (VMS), Caliber Software, CINC Systems and Condo Manager, now Irvine-basedSperlong Data Analytics has joined foces with Equifax to really let the average homeowner have it.
Who are these nefarious actors you might think and why should I care?
A large percentage of the population in the United States now live in planned communities known as Common InterestDevelopments or Home Owners Association (CID/HOA.) By law, the local governance in these communities is more powerful than any City Hall in the United States, and in general, you abdicate your right to your First Amendment Rights if you choose to live in a CID/HOA.
At the risk of being redundant, unscrupulous actors include unscrupulous lawyers and property management companies. Lawyers who boast that they charge HOA’s over $30,000 for Small Court Claim actions, or can lose their real estate for infractions such as an improperly parked vehicle.
Sperlonga Data & Analytics, a self-described “data aggregation business for non
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| What is wrong with this picture: CZ Master HOA Small Claims Court filings compared to other HOAs |
-standard credit data sources, announced an agreement to become the first company to furnish homeowner association (HOA) payment and account status data to Equifax Inc., a global insights provider and multinational leader in consumer, commercial, and workforce information solutions.”
The Trojan Horse used by the HOA Industry, according to Sperlonga’s Chairman and founder Matt Martin is that until ‘Now, HOA payments have gone largely unreported to the national credit reporting agencies. Our service will help elevate association payments to the same level of importance as the consumer's other financial obligations like residential mortgages, auto loans and credit card payments." These are the good news. But wait for it, the really bad news are:
But as usual, the devil is in the details, Dan Berman, CEO of Sperlonga quotes industry advocate (CAI) – individuals and organizations fighting against the rights of homeowners."According to the Community Association Institute (CAI), associations along with property management companies collect approximately $70 billion in assessment payments each year and CAI estimated there were at least 333,000 community associations in the U.S." and of course, now Sperlonga now brings a new technology and solution to the tyrannical and unscrupulous HOA and property management industry to enable the widely -susceptible to the StanfordPrisoner Syndrome HOA board of directors to enhance dubious collectionspractices often used to subdue vocal homeowners into submission and stifle dissent.
Kudos to Sperlonga. It may have just designed the Final Solution for nefarious actors.
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Sperlonga Data & Equifax join the dark side: unveil new tool to aid tyrannical HOAs & unscrupulous attorneys and property managers.
Rancho Santa Margarita, CA - As if tyrannical homeowner’s associations (HOA) board of directors did not have enough help from industry advocates, like the CLRC, the Community Association Industry (CAI), ECHO or technology partners like Village Management Systems (VMS), Caliber Software, CINC Systems and Condo Manager, now Irvine-basedSperlong Data Analytics has joined foces with Equifax to really let the average homeowner have it.
Battling the rampant corruption in the HOA/CID Industry
Ken thank you for sharing this information and understanding what is going on in the HOA criminality, HOA homeowner abuses, secretive and criminal legal and judicial abuses, fraudulent property thefts and more. The most significant and troubling issue is you mention "competent lawyer" when you stated: "
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What happens when homeowners try to navigate the quagmire of HOA home ownership without a competent lawyer
In 1961 there was a building called Imperial Towers here in Chicago. The building was fantastic as it was a project that addressed not only a need, but did it expertly. At the time I was employed with, associated with, and/or allied with a group of old timers in the real estate market who enjoyed not only 'our' success but that of everyone else. My employer, Joseph Ronsley, was the ultimate spectator - he knew what he was looking at and most importantly he seemed to be novice to know everyone and everything. Most importantly for me he was a wonderful teacher. It is too bad that I was not as wonderful a student as I should have been
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Letter sent to corporation via its website:
ReplyDeleteCongratulations on your recent agreement with Equifax to process HOA payments.
As is usual with any new tool, it can be used for good, and for bad. In the case of HOA's, it can be argued that 80% of the HOAs will use your tool ethically. However, as a minimum, some 20% will use it for nefarious purposes, either through willful ignorance, or because of the Stanford Prisoner Syndrome so affecting HOAs.
The good news, is that with minimum effort, you should be able to build in some safety features to prevent abuse, including RICO-type of fraud.l
Refer to my piece on your press release at: http://cotobuzz.blogspot.com/2016/05/sperlonga-data-equifax-join-dark-side.html
Look forward to hearing from you.
JL Buzz Aguirre
Publisher, the CotoBuzz Journal
www.cotobuzz.com
949-842-8883
Letter sent to Jim Hennessy
ReplyDeleteJim:
I know you are just the marketing guy. John Eichmann claimed he was not responsible for gassing millions of Jews, he was just following orders.
I sent the message below to Sperlong Analytics. I invite you to comment as well:
Message to Sperlong
Congratulations on your recent agreement with Equifax to process HOA payments.
As is usual with any new tool, it can be used for good, and for bad. In the case of HOA's, it can be argued that 80% of the HOAs will use your tool ethically. However, as a minimum, some 20% will use it for nefarious purposes, either through willful ignorance, or because of the Stanford Prisoner Syndrome so affecting HOAs.
The good news, is that with minimum effort, you should be able to build in some safety features to prevent abuse, including RICO-type of fraud.l
Refer to my piece on your press release at: http://cotobuzz.blogspot.com/2016/05/sperlonga-data-equifax-join-dark-side.html