HOA delinquencies are surging across the U.S., driven by declining household liquidity and rising association operating costs. Total HOA liens exploded by 41.7% between 2022 and 2025, while foreclosure filings jumped 46.1%. This shifting landscape exposes mortgage servicers to major financial and operational friction, including REO bottlenecks and regulatory compliance fees. Moving from reactive crisis management to proactive portfolio surveillance with Cotality's PIM platform enables automated risk tracking and protects your capital.
