Explaining the CT Foreclosure Mediation Program

Judge Douglas Mintz and Roberta Palmer of the judicial branch of the Stamford Superior Court told the Westport Rotary Club today that Connecticut offers the most advanced in the nation foreclosure mediation program to help homeowners who are at risk of foreclosures. Palmer, director of the state’s program, said that only 35 percent of those eligible for foreclosure mediation have applied for the benefits of the program. According to Mintz and Palmer, in the period from July 1, 2008, to March 31, 2009, the program has succeeded in modifying the loans for 948 houses and mediated arrangements for 1,313 families to remain in their houses. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com