2022 New Year Message to our HOA Reporting Clients

Happy New Year from Sperlonga!

A warm thank you to all of our clients who were with us in 2021 and a warm welcome to all the new clients starting in 2022!

With all the uncertainty of the past year, foreclosure moratoriums and shifting legal issues, association management was extra challenging. We are grateful to have been able to partner with you and help reduce what could have otherwise been all time high delinquency rates.

Despite the difficulties created by the pandemic in 2021 here are a few highlights that we achieved for our customers in the challenging HOA environment:

• 44.1% reduction in total past due balances
• 27.4% reduction in total past due accounts
• Average outstanding receivables recovered by each client: $128,398

Historically our experience stays consistent; the greatest reduction was in severely past due accounts.

With housing starts beating projections, HOA growth will create a busy year for management companies. With increased activity is increased opportunity. If you know someone who could benefit from Sperlonga's HOA reporting program, we have a great refer a friend program. We are here to help!

Best regards,

Dawn Irion
Director, Operations & Product Development
Sperlonga Data & Analytics Systems
1-818-200-0530 ext.1007