Local Programs Can Help You Fend Off Foreclosure

BND
April 19, 2012

Last year, the Illinois Supreme Court approved a mortgage mediation program to help prevent foreclosure. Since then, 175 applications have been submitted to the Madison County Residential Mortgage Foreclosure Mediation Program and almost 40 have been approved. Program Director Linda Jun notes that if an application is approved, “a premeditation conference will be held to analyze the homeowner’s situation and how a mortgage modification can help.”

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