What’s Your Score? Reporting Community Association Assessments to Credit Bureaus
Wednesday, September 6 / 2-3 p.m. ET / One Hour Continuing Education Credit Available
Several community associations now report monthly assessments to credit bureaus. This standard financial management tool is typical for creditors, landlords, and mortgage companies, but it’s brand new to the community association industry. Managers and homeowners: learn about regulations and the effect on residents' credit ratings, and how this practice could promote a major positive shift in how community associations are managed.
Members: USD $69.00
Non-Members: USD $99.00 (Join CAI and Save!)
Duration: 60 mins
Several community associations now report monthly assessments to credit bureaus. This standard financial management tool is typical for creditors, landlords, and mortgage companies, but it’s brand new to the community association industry. Managers and homeowners: learn about regulations and the effect on residents' credit ratings, and how this practice could promote a major positive shift in how community associations are managed.
- Learn which regulations impact the reporting of assessment history to the credit bureaus
- Data Furnisher risks, roles, and responsibilities to the credit bureaus
- Find out potential benefits of reporting assessments to the credit bureaus
Oscar Marquis is the principal of the law firm, Oscar Marquis & Associates, which specializes in privacy and consumer reporting. Oscar has presented information regarding consumer credit reporting on behalf of Sperlonga Data and Analytics at trade shows and directly to clients. His current practice focuses on companies engaged in the consumer information business, including: consumer reporting agencies, employment screening companies, marketing companies, and other consumer or commercial information users and suppliers. He provides advice on credit, collection and credit reporting compliance issues, the proper use of information, privacy policies and practices, and the proper use consumer and commercial information.
Continuing Education Credit
This program provides one credit toward:
- Certified Manager of Community Associations recertification
- Association Management Specialist redesignation
- Professional Community Association Manager redesignation
To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation.
Registration Information
All registrants will have full access to this on-demand, online recording for 120 days.
Manager Certifications and Designations
Certified Manager of Community Associations (CMCA®) / Association Management Specialist (AMS®) / Professional Community Association Manager (PCAM®) / Large-Scale Manager (LMS®)
Management Company Designation
Accredited Association Management Company (AAMC®)
Service Provider Designations and Distinctions
Reserve Specialist (RS®) / Community Insurance and Risk Management Specialist (CIRMS®) / Educated Business Partner