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Real Estate & Property Law

: The Home Equity Theft Reporter

Mediators: Lenders, Foreclosure Mills Stifle System By Pressuring Loan Modification Negotiations To End In Stalemate

By r morris

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The Palm Beach Post reports:Florida's Supreme Court sought a foreclosure lifeline in forcing banks and borrowers to mediation. It was hoped a judicial referee could help unclog court dockets and free struggling borrowers.But in documents obtained by The Palm Beach Post and described in a recent court order, mediators complain lenders and their attorneys are stifling the system by pressuring

Full post as published by The Home Equity Theft Reporter on February 22, 2011 (boomark / email).

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