Monday, September 19, 2011

Foreclosure Mediation being Hijacked by Law Firm

A law firm with offices in Bellevue has seen fit to hijack the foreclosure mediation process for about 75% of clients being funneled through the Volunteers of America and other mediation centers based on the advice that it will not sign a mediation agreement. Amazing, since the mediation is predicated by a law and is the right of the homeowner and not the right of the bank. I will refrain from naming the law firm, Routh Crabtree and Olsen, at this time because of what appears to be a defenseless and cowardly move. It would be unfair to give the description of the "mill" like company that continues to pump out bilge in its documents and arguments.

Suffice it to say, that if the unmentioned law firm, RCO, is representing your banking institution, it may be a while before you get the benefit granted to you under the law known as Foreclosure Fairness.