Lawmakers Seeking to Make New Jersey’s Foreclosure Mediation Program Permanent

more+
less-

Lawmakers Seeking to Make New Jersey’s Foreclosure Mediation Program Permanent

by Dan Brecher on November 7, 2012

The New Jersey Legislature is currently considering a bill that would codify the New Jersey’s Foreclosure Mediation Program, and dedicate monies from foreclosure filing fees and fines to fund the program on a permanent basis.

The Foreclosure Mediation Program was established in 2009 by the New Jersey Judiciary in response to the rapid increase in residential foreclosures. Sponsors of the bill want to make sure the program continues by establishing it by statute.

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

Topics:  Foreclosure, Lenders, Mediation, Proposed Legislation

Published In: General Business Updates, Commercial Real Estate Updates, Residential Real Estate Updates

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.

© Daniel Brecher, Scarinci Hollenbeck | 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 »