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DC Now Requires Six-Month Mediation Period Before Proceeding With Foreclosure

By r morris

In Washington, D.C. (a non-judicial foreclosure sale jurisdiction), The Washington Post reports:[Last] week, the D.C. Council approved a measure requiring lenders to go through six months of mediation with a homeowner before proceeding with a foreclosure. Mediation allows the borrower and the lender's representative to negotiate, with the guidance of an impartial go-between, over possible

Full post as published by The Home Equity Theft Reporter on November 16, 2010 (boomark / email).