See the time-lapse below.

@Payton Pearson Other than just wanting to scale faster for momentary purposes (I suspect), why the rush?

. - it is the HOA members' collective responsibility (via voting) to keep this paperwork right (thus exposing their units to max number of buyers, keeping/improving values), and it is the HOA board members' responsibility to actually maintain this paperwork (serving the interests of the folks that elected them).If this paperwork has lapsed, it's the listing agents responsibility to know what they are selling and if it can't go FHA, don't take those offers.It is the buyers agent's responsibility to ensure their client isn't wasting money on appraisals/inspections/etc for a property that does not qualify for the financing their client is using.As a lender I often have no clue what properties my individual homebuyers are writing on until/unless the offers are accepted, so there's not much I can do aside from remind my realtors of their responsibilities. 

I allow an extra day or so of application screening to lapse to see how many times they bother me. 

Here are a few for the list that come to mind:-Failure to check that Broker’s representation of nature and condition of collateral is correct;-Failure to catch that Borrower is substantially overpaying for property;-Failure to verify that Borrower statement of business purpose of loan is inaccurate (loan in reality is for personal, household or family purposes) making loan subject to consumer protection laws and disclosure;-Failure to verify that insurance is sufficient and the type of policy that covers lender as insured for loss; or policy lapses after funding and servicer does not catch it;-Failure to verify that broker or arranger is properly licensed such that lender exemption from usury is invalidated;-Failure to monitor and require borrower to keep property taxes current;-Title company e-mail gets “hacked” and you wire funds based on fraudulent e-mail-Not understanding the limitations on your options and problems that come up with "fractional" (multi-lender) loans when they go into default-And here is one for the books that actually happened:: arranger comes into possession of notary stamp and commits identity theft by convincing lender, brokers, escrow and title that she is the person who’s identity has been stolen.

See the map below for a time lapse between 1984 and 2018.

He says it does because people are hurting so bad they let their liability insurance lapse because they can't afford it.  

overall rating should be lapsed because if there is even a single three when everything else is 4, it will never be a four if you don't stagger the numbers.  1-1.74 = A, 1.75-2.4 = B, 2.5-3.24 = C, 3.25-4 = D.To reiterate, there should be a class rating for: (this is an example of one of my properties)The neighborhood1.

@Dalton Elliott, this same thing happened with my insurance lapsing in the summer of 2020.

just let the contract lapse?