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Alternative Dispute Resolution

Home Settling

Posted Nov 1, 2009, 08:30 pm CST
By Julie Kay

And subprime loans are not the only problem: Studies show that prime loans account for most new foreclosures.

As a result, state and municipal court systems—in­undated with homeowners, renters and landlords—are quickly turning the process over to mediation programs to avoid or forestall foreclosure.

Over the last two years, mediation systems have sprung up in various jurisdictions, including in the states of Connecticut and Florida and in the cities of Milwaukee, Philadelphia and Los Angeles.

“The vast majority of these folks would have been facing a sheriff forcing them from their homes,” says Ian Phillips, legislative director for the Pennsylvania chapter of the Association of Community Organizations for Reform Now, the national nonprofit community development group that has been coordinating… Continue reading...



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