New Jersey Modifies Provisions Regarding Foreclosure Mediation Program

March 16, 2021

New Jersey Assembly Bill 1063 enhances homeowner notification of foreclosure mediation program requirements by stating that obtaining the assistance of a trained foreclosure prevention and default mitigation counselor is a prerequisite to participation in mediation and clarifying that the homeowner-borrower is not required to pay any fees in order to participate in mediation; effective September 1, 2021.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub