FORECLOSURE FAIRNESS ACT TAKES EFFECT JULY 22, WASHINGTON IS THIRD NON-JUDICIAL FORECLOSURE STATE TO OFFER MEDIATION

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By Washington RealEstateRama -

Olympia, WA – July 18, 2011 – (RealEstateRama) — The Washington State Foreclosure Fairness Act Mediation Program begins Friday, July 22. The program, a result of bipartisan legislation (SSHB1362, Chapter 58, Laws of 2011) during the 2011 session, makes Washington the third non-judicial foreclosure process state in the country with a program designed to help homeowners find a resolution to foreclosure proceedings with their lender or servicer.

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