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Consumer Law

: CL&P Blog

State and Local Mortgage Foreclosure Mediation Programs

By Brian Wolfman

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The National Consumer Law Center has this comprehensive webpage concerning state and local foreclosure mediation programs aimed at mitigating the devastation of foreclosure and helping homeowners keep their homes. As NCLC explains:

In response to the national foreclosure crisis, state and local governments have struggled to come up with responses of their own. Many advocates for homeowners urged the adoption of state and local foreclosure mediation and conference programs as reforms that could be implemented promptly, often with considerable community support. As a result of these efforts there are now over 25 foreclosure mediation programs in operation around the country.

The webpage includes information on each program, pending legislation in the area, and model documents for mediation programs.

Full post as published by CL&P Blog on October 30, 2010 (boomark / email).

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