Jennifer Adams

First Paragraph

In response to the growing foreclosure crisis among homeowners, theMaryland General Assembly passed a new bill mandating mediation in foreclosure proceedings. Effective July 1, 2010, the bill seeks to encourage greater interaction between lenders and homeowners in an effort to find alternatives to foreclosure. Struggling homeowners in Maryland now have the opportunity to oarticipate in mediation prior to the loss of their homes.



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