Foreclosure Mediation Program

The Foreclosure Mediation Program (Program) is designed to alleviate the burden of costs and expenses to lenders, borrowers and taxpayers caused by residential mortgage foreclosures.  The Program creates an opportunity for borrowers and plaintiffs to come together to explore mutually beneficial alternatives to foreclosure.  These alternatives may include retention options, such as a loan modification, repayment plan, reinstatement, or forbearance agreement and non-retention options, such as a short sale, deed-in-lieu of foreclosure, or consent foreclosure.  The Program aims to keep families in homes and prevent vacant and abandoned homes that negatively impact property values and destabilize neighborhoods.  It promotes greater efficiency in the administration of justice by reduction in the backlog of court cases in the lengthy foreclosure process.

Additional information on the Foreclosure Mediation Program can be located in Article IX of the Local Rules of the First Judicial Circuit.


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