A lot of the cases that go through RSI’s foreclosure mediation programs end with a temporary loan modification – a trial payment plan in which the homeowner pays a new mortgage amount for a few months. If the homeowner makes the payments on time and in full during the trial period, the homeowner and bank agree to make the modification permanent. This means that a temporary loan modification doesn’t necessarily mean that the homeowner has averted foreclosure. Because of this, I was interested to find out if homeowners in our programs were able to convert their temporary loan modification into a permanent one. Now that a significant number of temporary payment periods have come to an end, I have finally been able to delve into that question. Read the rest of this entry »
As we enter a new year, we’ve decided to round up some of the most interesting trends we’ve observed in court ADR.
Court mediation used to respond to major economic crises and natural disasters
Last year perhaps the most visible trend in court ADR was the courts’ use of mediation to address truly large-scale crises. From the mediators who helped opposing groups reach the Grand Bargain that led Detroit out of bankruptcy, to the mediations being used to address thousands of insurance claims that remain from Hurricane Sandy, courts essentially created ad-hoc ADR programs to respond to major crises. Read the rest of this entry »
Our monthly e-newsletter Court ADR Connection has updates on RSI’s activities, cutting-edge ADR research, and the latest court ADR news from across the country. As we wind down 2014, I thought it might be fun to take a look at a few of the most significant news stories we reported on this year.
Detroit Bankruptcy Mediated in “Grand Bargain”
The most-watched court ADR news story of 2014 may have been the mediated settlement that resolved the City of Detroit’s municipal bankruptcy. Without doubt, this riveting drama of competing interests coming together to form a “Grand Bargain” will be studied and discussed for years to come. We reported on facets of this story a few times, both here in our blog and in our newsletter: Read the rest of this entry »
In what has become an annual tradition, here is RSI’s seasonal parody of the Twelve Day of Christmas. Enjoy!
For the first hour of conflict, my neutral gave to me a round table with a great view
For the second hour of conflict, my neutral gave to me two succinct summaries
For the third hour of conflict, my neutral gave to me three paraphrases
For the fourth hour of conflict, my neutral gave to me four mirrored feelings
For the fifth hour of conflict, my neutral gave to me five aspirin
For the sixth hour of conflict, my neutral gave to me six tested realities
For the seventh hour of conflict, my neutral gave to me seven caucuses
For the eighth hour of conflict, my neutral gave to me eight explored BATNAs
For the ninth hour of conflict, my neutral gave to me nine fresh perspectives
For the tenth hour of conflict, my neutral gave to me ten brainstorms
For the eleventh hour of conflict, my neutral gave to me eleven cookie breaks
For the twelfth hour of conflict, my neutral gave to me twelve resolved issues
Everyone at Resolution Systems Institute wishes all our friends happy holidays and a happy, healthy 2015!
On December 3rd, the Kane County Residential Mortgage Foreclosure Mediation Program held a training seminar for program mediators and members of the bar. The event was sponsored by Northern Illinois University College of Law and the Illinois Sixteenth Judicial Circuit Court. Judge Downs opened the training by welcoming attendees and providing her perspective on how the foreclosure crisis has affected the community and the court. She then shared the impact the Foreclosure Mediation Program has had since it launched almost a year ago. Housing counselors, legal aid and lender attorneys also spoke, describing their roles in the program and the experience of the clients they serve. Professor Alan Boudreau from NIU College of Law was the final speaker and provided the perspective of the Mediation Program. Professor Boudreau explained how the program’s service providers interact and how the role of the mediator fits into the larger foreclosure picture. All of the presenters remained on-hand for a panel discussion. Read the rest of this entry »