Foreclosure Mediation Program Encouraging Judicial Review of Mediations

more+
less-

Nevada’s Foreclosure Mediation Program recently began sending a form letter (the Letter) to homeowners shortly after participation in the Foreclosure Mediation Program. A copy of the Letter is included on the next page. The Letter advises homeowners that they have a right to contest the outcome of the mediation and the issuance of the mediation certificate (allowing foreclosure to proceed) by filing a Petition for Judicial Review. The Letter advises the homeowner to contact their court clerk and find additional information on the Foreclosure Mediation Program website.

This Letter is a new procedure of the Foreclosure Mediation Program. It creates significantly more homeowner awareness regarding the options available to the homeowner, after the mediation. Hence, the Foreclosure Mediation Program has taken upon itself to provide additional information and education to the homeowner, beyond the original scope of information regarding the option of mediation and preparation for that mediation. As a result of the Letter, the beneficiary faces increased risk of having to respond to a Petition for Judicial Review filed by the homeowner and a further delay of the foreclosure process.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Snell & Wilmer | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×