Corner Property Management Pffering Credit Reporting

SPRINGFIELD, N.J. - June 7, 2016 - PRLog -- Corner Property Management (CPM), a fast-growing property management company located in Springfield, NJ, will now be offering credit reporting services to its clients.  As a company always on the leading edge of technology and trends, CPM is now offering associations the option to have their homeowner and condominium association payments reported to credit agencies through Sperlonga Data & Analytics.

"Residents living in these private communities throughout New Jersey spend millions of dollars on their homeowner association (HOA) payments. For those residents that are current and timely in making these payments, credit reporting services can help increase their credit scores," said Tony Nardone, President of CPM. "A benefit to those associations that sign up for this service is that they should begin to see reduced delinquencies and improved cash flow."

"We believe this will have a major impact on the HOA industry," said Dan Berman, CEO of Sperlonga. "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."*

Tony Nardone, Managing Partner of Corner Property Management has managed properties for nearly twenty years throughout Northern and Central New Jersey. The company's principal office is located in Springfield, NJ. If you would like more information about this topic, or to schedule an interview with Tony Nardone, please call Tony at 973.376.3925, visit our website at www.Cp-management.com or send an email to Tony.nardone@Cp-management.com.

Based in Irvine, California, Sperlonga is a data aggregation business for non-standard credit data sources. Sperlonga is an affiliate of Chronos Solutions. The company was founded in 2011 to provide technology solutions to homeowner associations and the residential mortgage industry in order to help stakeholders minimize losses and improve association cash flows.

*Source: Community Association Institute, 2014 Statistical Review, https://www.caionline.org/PressReleases/Pages/StatisticalInformation.aspx