April 13, 2009
Mortgage Mediation Plan Unveiling
Wisconsin’s current foreclosure process is complex, time consuming, and costly for both borrowers and lenders.
The Mortgage Mediation Act would ensure that even if a settlement cannot be reached, mediation efforts would assist both borrower and lender in creating a plan to streamline proceedings, avoid unnecessary delays, and potentially shorten the foreclosure process by up to 15 months.
WHAT: Mortgage Mediation Plan – Unveiling & Which Way Forward
WHERE: Senate Parlor- Wisconsin State Capitol
WHEN: Tuesday April 14, 2009 1:30pm
HOSTS: Senator Lena Taylor & Rep. Leon Young
ATTENDEES: All Stakeholders in the foreclosures effort