Foreclosure Mediation

A group of private lawyers and legal service organizations has petitioned the Florida Supreme Court to require mediation in all new and pending foreclosure cases. This relates to residential, occupied, real estate. The pre-judgment requirement has the potential to save 130,000 Florida homes and help 360,000 Floridians. The Florida Bar News has published a very informative article about this push in their March newspaper. When they say that often the homeowner can't speak to the lender until the first court hearing, I know it's true. It is very frustrating for people working hard to come up with viable solutions but unable to speak to the real decision-maker until it's too late or close to that. Both the lender and borrower have huge potential benefits by making a new deal work and so I hope this Petition gets propelled through the Court quickly.