Forum (Forum & Focus)
Apr. 25, 2009
Setting Up CAMP
The upward spike in California foreclosures should spur the Legislature to enact a remedy with an alternative path: mandatory mediation, writes Wayne Avrashow.
FORUM COLUMN
By Wayne Avrashow The recently released report by the Office of the Comptroller of the Currency and the Office of Thrift Supervision does not pull any punches: The financial industry's efforts to modify home loans are "inadequate." The upward spike in California foreclosures should spur the governor and the California Legislature to enact a legislative remedy with an alternative path: mandatory mediation prior to the foreclosure sale,...For only $95 a month (the price of 2 article purchases)
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