Wednesday, March 4, 2009

Foreclosure Mediation Now Available "On Demand" For Orlando-Area Homeowners

In Orlando, Florida, the Orlando Sentinel reports:

  • Orange County residents who are being sued for foreclosure [Wednesday] got help. Chief Judge Belvin Perry Jr. signed an order, giving them the right to demand mediation. That means that instead of running into a roadblock when they call their mortgage companies, hoping to work out a solution, they'll be able to sit down with someone and negotiate.

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  • [Wednesday's] order does not require mediation, but it let's borrowers know that if they demand it, they'll get it. It also allows judges to order it.

The order, which covers the 9th Judicial Circuit Court of Florida, applies only to owner-occupied homes in Orange and Osceola Counties.

For more, see Judge offers help to Orange homeowners facing foreclosure.

See also, Mandatory mediation ordered in foreclosures.

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