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Archive Home > 2012 > November > 18 > Mortgage mediation plan fizzles

Mortgage mediation plan fizzles

• Legislators hope to involve banks in revamping law in next session

By Lauren Dake / The Bulletin
November 18, 2012

SALEM — The idea was simple enough: Put a homeowner and lender in the same room and discuss possible ways to avoid foreclosure.

More than 1,000 people a month were expected to qualify for the newly created state mediation program.

To prepare, mediators were trained and housing counselors....

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