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Loan Modification

: Loan Modification & Home Loan News

Lawyers, consumer advocates and others say the mediations often are shams

By Moe Bedard

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A year ago, Nevada?s Foreclosure Mediation Law went into effect as a way to keep families in their homes by mandating mediation between lenders and borrowers who believed they could avoid foreclosure if the terms of their mortgages were modified. Bankers and court administrators say the law is working, but some lawyers, consumer advocates and [...]

Full post as published by Loan Modification & Home Loan News on July 12, 2010 (boomark / email).

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