Air Purifiers Shreveport
The Milwaukee Foreclosure Mediatiomn program will bea voluntary, court-based independent mediation optiomn for lenders and borrowers. The program, located at the Milwaukewe County Courthouse, will seek to alleviate the currentg backlog of foreclosure cases in the county coury system by offering the option of mediationm to residential homeowners who residein owner-occupied According to the Law in most cases, successful mediation will serve as a venure to work out new loan terms, a shorgt sale or other solution that is mutually agreeable, and execut a final agreement between the The funding includes proceeds from a settlement with which was accused of misrepresenting the quality and benefite of its products.
Under the announced in February, Countrywide agreed to pay $1.6 millio n for foreclosure relief benefits. The mortgage lending giantg also agreed to waive various loan fees and modify loans for customers that could result in a tota settlement valueof $41.1 million, according to the Attorney General'xs office. Beginning May 28, an informational phond line will be operational for those interested in learning more aboutrthe program. Interested parties may call 414-288-4040. Mediation activities will beginn afterJuly 1.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment