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Real Estate & Property Law

: The Home Equity Theft Reporter

Miami Foreclosure Actions Stall As Mediators Have Trouble Locating Delinquent Homeowners

By r morris

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In Miami, Florida, Miami Today reports:Since Miami-Dade County launched a pilot program to mediate home foreclosures filed in the clogged court system seven months ago, about half the cases have stalled because mediators can't find borrowers. Of 14,000-plus foreclosures referred to mediation to seek agreement with a lender and avoid foreclosure in court, about 7,000 haven't advanced because

Full post as published by The Home Equity Theft Reporter on January 09, 2010 (boomark / email).

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