CT Allows Borrowers to Delay Foreclosure through Mediation
June 30, 2008
Starting July 18, lenders and servicers initiating foreclosure proceedings in Connecticut will be required to notify distressed borrowers of the availability of voluntary mediation programs. The Connecticut legislature has passed legislation recently which, among other things, allows a distressed borrower to forestall foreclosure and mediate with...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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