Making Mediation Mandatory Before Families Lose Their Homes
Read More:
Foreclosures,
Mortgage Lenders,
AB 1588,
Home-Ownership,
Loan Modification,
Loan Mediation,
Subprime Lenders,
Loan Servicers,
Banks,
Assemblymember Pedro Nava,
California,
Pedro Nava,
Financial Institutions,
Nava,
Politics News
Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?
Pedro Nava | Posted 03.18.2010 | Politics