April 13, 2009

 

 

****MEDIA ADVISORY****

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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