Mortgage Mediation Sessions in Florida Courts
Even if your mortgage lender has already filed a foreclosure action against you, you may still have access to legal options that will allow you to keep your home, avoid home foreclosure and prevent the black mark of foreclosure from appearing on your credit rating.
Many Florida courts now require or recommend at least one mediation session between the borrower and the lender before the court will issue a judgment on a foreclosure action. The rules of mortgage mediation state that the lender must send a representative who has the authority to settle the case to the mortgage mediation session. This means that the borrower is assured the chance to attempt a home loan workout agreement face to face (or at least over the telephone) with the lender.
Mortgage mediation sessions are especially attractive to homeowners who have tried and failed to get a mortgage modification. Regardless of the history of communications between the borrower and the lender, mortgage mediation sessions are an excellent opportunity for a borrower to avoid foreclosure — even after the bank has filed the foreclosure action.
Experienced Central Florida Mortgage Mediation Law Firm
More Than 40 Years' Experience With Florida Real Estate & Foreclosure Law
At the Orlando real estate law firm of Pierce & Associates, P.L., we have negotiated mortgage modifications with many home loan lenders of all different sizes. We have represented clients in mediation sessions under the foreclosure mediation programs in numerous Florida court districts.
As a result of our extensive experience with the mortgage mediation process, we are able to give realistic advice and effective representation to homeowners who are facing foreclosure actions and who wish to attempt a loan workout via mediation.
Even if the court does not require a mortgage mediation session, your attorney may be able to successfully request that the court order mediation in your specific case.
Contact Pierce & Associates, P.L., to Discuss Representation in Foreclosure Proceedings
If you are seeking legal advice from an experienced Florida real estate lawyer, or if you are a homeowner in foreclosure proceedings looking for help setting up a mortgage mediation session, contact Pierce & Associates to schedule a consultation. Call 407-982-3869 or complete our online intake form.
