Promoting Informed Use and Best Practices for ADR in Washington
Information and discussion on foreclosure mediation under Washington's Foreclosure Fairness Act. An open public forum on best practices, current trends, new information.
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This is an open public forum hosted by the WSBA ADR Section for discussion of matters regarding foreclosure mediation. All opinions and comments expressed in this group represent the views of the individual contributors and do not necessarily have the endorsement of the WSBA, the Alternative Dispute Resolution Section, or the officers or other members of either organization. It is moderated according to WSBA Social Media Guidelines and our Network Rules. Please read Using the Network.
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Seems like I can't talk to another foreclosure mediator with the topic turning to the issue of good faith. What is it? What does it look like? Like a jurist once famously said about another topic, do we just know it when we see it? What do we do…Continue
Started by Jeff Bean yesterday.
I have had several mediations recently where the beneficiary shows up solely to deliver a message to the borrower that there will be no modification and the options are total reinstatement, with arrearages, late fees, etc. or total payoff.These are…Continue
Started by Roger Kluck. Last reply by Jeff Bean Dec 28, 2013.
http://www.huffingtonpost.com/l-randall-wray/new-yorks-us-bankruptcy-c_b_824167.html"United States Bankruptcy Judge Robert Grossman has ruled that…Continue
Started by Roger Kluck. Last reply by Jeff Bean Jan 28, 2013.
The acts says:(8) A violation of the duty to mediate in good faith as required under this section may include:. . .f) A request by a beneficiary that the borrower waive future claims he or she may have in connection with the deed of trust, as…Continue
Started by Roger Kluck Oct 22, 2012.
I am in a situation with a pending mediation where the lender has requested certain documents to be produced by the borrower which are not a mandatory requirement under the statute. I in turn requested that the lender provide us with certain…Continue
Started by Shaun Watchie Perry Feb 22, 2012.
I am working on a foreclosure mediation in which the bank offered the borrower a permanent HAMP loan modification for a Freddie Mac loan. The borrower neither explicitly accepted nor declined it, but told the bank that several of its inputs…Continue
Started by Alison Moss. Last reply by Rachel Rensvold Feb 5, 2012.
Those of you following this discussion group may have been aware that a huge issue for the mediation community is to provide immunity from civil liability for foreclosure mediators. The obligation the FFA places on mediators to certify whether the…Continue
Started by Jeff Bean. Last reply by Roger Kluck Dec 30, 2011.
http://www.ritholtz.com/blog/2011/12/clouded-title-the-gross-illegality-of-mers/At the heart of the clouded-title problem is a Virginia-based company,…Continue
Started by Roger Kluck Dec 29, 2011.
I had my first mediation earlier this month and had several thoughts come out of it worth sharing (one assumes anyway).The King County DRC had the HAMP Net Present Value Excel spreadsheet available on computer in the mediation room. Those mediating…Continue
Started by Roger Kluck. Last reply by Roger Kluck Dec 26, 2011.