Story perspectives

HOA Foreclosures Jump 40% as Premiums Soar, Laws Favor Collections

8/4/2026

Summary

Story summary

HOAs filed 6,376 foreclosures in Q1 2026, a rise of nearly 40% from two years earlier.
HOAs recorded over 285,000 lien filings in 2025, an 8.8% increase from 2024.
91% of associations reported insurance premium hikes between 2024 and early 2025, with about 20% seeing increases over 100%.
Super-priority statutes allow HOAs to foreclose before mortgage lenders.
Brian Fox, co-founder of Benutech, said HOAs are forced into aggressive collections to avoid collapse.

History

Historical Context

The 2008 housing collapse, which produced over 2.9 million foreclosures and a $1.2 trillion loss in home equity, saw Fannie Mae and Freddie Mac hold about 45 % of delinquent loans. Today, a super-priority law lets homeowners’ associations foreclose before banks, driving 6,376 HOA foreclosures in Q1 2026. The pattern revives concerns that Congress may revisit the 2010 Dodd-Frank reforms.

1 of 2

Story summary

HOAs filed 6,376 foreclosures in Q1 2026, a rise of nearly 40% from two years earlier.
HOAs recorded over 285,000 lien filings in 2025, an 8.8% increase from 2024.
91% of associations reported insurance premium hikes between 2024 and early 2025, with about 20% seeing increases over 100%.
Super-priority statutes allow HOAs to foreclose before mortgage lenders.
Brian Fox, co-founder of Benutech, said HOAs are forced into aggressive collections to avoid collapse.

1 / 2