Monthly Archives: August 2009

The First Sixty Days of Foreclosure Mediation

A LOOK BACK IN TIME Unfortunately, surreal cannot describe the foreclosure mediation events thus far. Far from it. More like a wince. We started with a judicial hearing in May in front of all 9 of the Nevada Supreme Court … Continue reading

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El Seminario de Mediación a Las Vegas Community Center

La mayoría de las personas quieren permanecer en sus casas y modificar el préstamo. La triste realidad es que muchos, si no la mayoría de la homeowners en Las Vegas tendrán que abandonar (walk away) sus casas por que ellos … Continue reading

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First Mediation Sessions Scheduled

The first two mediations under the landmark Nevada Foreclosure Mediation Program (FMP) have been scheduled for September 14. One of the program’s newly appointed mediators has scheduled the mediations to kick off the program that was created by the Nevada … Continue reading

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Supreme Court Appoints First Round of Foreclosure Mediators

The Nevada Supreme Court has appointed the first 97 mediators for the Nevada Foreclosure Mediation Program – a major step that will set the stage for the scheduling of the first mediations The appointments came after the 97 attended sessions … Continue reading

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Las Vegas Sun Article On New Foreclosure Consultant Law

The Las Vegas Sun Reports that the Nevada Department of Business and Industry, Mortgage Lending Division will be fining companies that defrauded homeowners.

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Can Non-lawyers Represent Homeowners at Foreclosure Mediations?

The Las Vegas Review Journal reported that permanent regulations that require licenses for home mortgage modification and foreclosure consultants are in effect starting August 25, 2009. The main issue promulgated by this new law is whether or not non-lawyers can … Continue reading

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A Look at Connecticut Foreclosure Mediation

Few distressed homeowners have participated in Connecticut’s bank foreclosure mediation program despite the high success rate of the initiative. The state’s mediation program was part of the comprehensive mortgage relief law initiated in Connecticut last year. The mediation program allows … Continue reading

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Vegas Foreclosure Mediation Program Moves Forward

SLOWLY FORGING AHEADThe Nevada Foreclosure Mediation Program has received more than 450 requests for mediation from homeowners who have received foreclosure notices and are seeking to hold onto their homes. (Total as of Aug. 13, reflecting requests since the program … Continue reading

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30 Day Time Limit to Elect Foreclosure Mediation

The Supreme Court of Nevada in its June 30, 2009 adoption of the Rules, sets forth its version of the 30 day time limit for the Homeowner to elect mediation as follows: Rule 5(4). “The mediation process under these rules … Continue reading

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¿DE QUÉ SE TRATA EL PROGRAMA DE MEDIACIÓN PARA UN EMBARGO?

Programa de Mediación para Embargos Hipotecarios PREGUNTAS FRECUENTES ¿DE QUÉ SE TRATA EL PROGRAMA DE MEDIACIÓN PARA UN EMBARGO HIPOTECARIO? Este programa permite que los propietarios de viviendas se reunan con la entidad de financiamiento hipotecario con el fin de … Continue reading

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