Florida requires mediation in foreclosure disputes

NEWS FLASH: A Florida Supreme Court Justice issued an order requiring all foreclosure actions involving Florida homesteaded property to be mediated between the lenders and the Borrowers.

Read more about it: Fort Lauderdale Sun-Sentinel

I would suggest making certain the SS negotiators are aware of this new requirement while in SS process.

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Comment by Bryant Tutas on December 30, 2009 at 9:16am
Very interesting Stephen. The part we need to watch out for is "unless the lender and borrower agree otherwise" Lenders will be slipping this agreement into their short sale application package. It will be interesting to see how this plays out.

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