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Ohio Foreclosure Mediation Programs Are Successful

By: Stephen Lagoy

In the face of the rising tide of mortgage foreclosures, mediation programs in three Ohio counties are having very positive results.  Foreclosure mediation initiatives in Warren, Greene and Montgomery Counties differ in the processes by which services are provided.  However, they are all court-related and they share a common result – successful foreclosure avoidance.  The programs focus on initiating and facilitating communication between borrowers and lenders.  That factor is pointed to by participants as key to the programs’ successes.  To read more about the Ohio experience, see:

http://www.daytondailynews.com/news/dayton-news/mediation-preventing-many-local-foreclosures-1049983.html

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