Foreclosure Mediation Program News Conference
Foreclosure Mediation Program News Conference
On April 11, 2013, Attorney General J.B. Van Hollen, Executive Director/Chief Mediator Debra Tuttle from the Metro Milwaukee Foreclosure Mediation Program (MMFMP), Milwaukee County Circuit Court Chief Judge Jeffrey Kremers and Circuit Court Clerk John Barrett gathered with others at the Milwaukee County Courthouse to highlight the new and improved process in place for homeowners facing foreclosure and seeking mediation services. The MMFMP is administered by the Milwaukee County Clerk of Circuit Courts with funding from the Wisconsin Department of Justice (DOJ). With funding from the DOJ, the MMFMP announced in November 2012 the launch of the Wisconsin Foreclosure Mediation Network.
Under the Joint-State Federal Mortgage Servicing Settlement announced in early 2012 involving the nation’s five largest mortgage servicers, Attorney General Van Hollen allocated $458,550 for the continuation and expansion of the network’s foreclosure mediation services. A renewed memorandum of agreement between the DOJ and Milwaukee County continues support for the MMFMP beginning January 1, 2013, to December 31, 2013, and commits additional funds to work on expansion of the program statewide beginning October 1, 2012, through December 31, 2013.
The MMFMP, which began in July of 2009, has previously received more than $500,000 in Department of Justice funding from the Countrywide Financial Corporation lawsuit, as well as funds from the City of Milwaukee. Homeowners may visit www.mediatemilwaukee.com to learn more about mediation eligibility.