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Americanprogress.org Foreclosure Mediation An Overview Presentation at New America Foundation Dec. 21, 2010 Alon Cohen.

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Presentation on theme: "Americanprogress.org Foreclosure Mediation An Overview Presentation at New America Foundation Dec. 21, 2010 Alon Cohen."— Presentation transcript:

1 americanprogress.org Foreclosure Mediation An Overview Presentation at New America Foundation Dec. 21, 2010 Alon Cohen

2 americanprogress.org Mediation

3 americanprogress.org You Dont Have To Settle

4 americanprogress.org Mandatory Mediation It's Time We Talked - June 2009 Automatic Mediation Now We're Talking - July 2010

5 americanprogress.org Last, Best Chance

6 americanprogress.org … It Benefits All Sides Homeowners Lenders/Investors Neighbors/Taxpayers

7 americanprogress.org … It Is A Failsafe Appeal HAMP Revive Certainty after Robo-signing, MERS, etc.

8 americanprogress.org.. It Works 74% Settle (60/15) 2.2 Sessions 90 Days

9 americanprogress.org

10 … It Scales

11 Foreclosure Is A State Process 2009 – 11 States* 2010 – 22 States* and DC

12 americanprogress.org Judicial vs. Non-Judicial Foreclosure

13 americanprogress.org State Best Practices It's Time We Talked - June 2009 Now We're Talking - July 2010 Walk the Talk - Nov. 2010

14 americanprogress.org Federal Support Congress Treasury & HUD FHA FHFA/FNMA/FHLMC

15 americanprogress.org Foreclosure Mediation An Overview Presentation at New America Foundation Dec. 21, 2010


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