The Illinois Attorney General’s grant for foreclosure mediation has so far resulted in five programs with five different service delivery models. This has had me, as evaluator of the programs, anxious to find out how the differences will affect program outcomes. Having just completed the first statistical report for the foreclosure mediation programs, my initial impression is that program model really does matter when it comes to many performance measures. (more…)
Posts Tagged ‘statistics’
Different Program Models Beginning to Show Different Strengths
Jennifer Shack, August 4th, 2014Promoting ADR on the Go
Just Court ADR, January 15th, 2013As the Resource Center Director at RSI, I receive questions about Court ADR and do my best to help people through our extensive database. When the questions have general interest, I like to completely rewrite them and share them with our readers.
Dear Mary,
I travel to courts around the world promoting court-related mediation programs. I can communicate my belief in the power of ADR, but I’d like to back up my passion with some cold, hard facts about actual results from ADR programs across the country.
Sincerely,
World Traveler (more…)
Counting Up the Costs and Benefits to Lenders of Foreclosure Mediation
Jennifer Shack, November 19th, 2012Is foreclosure mediation a positive or a negative for lenders? An open letter from Connecticut’s Congressional delegation to the Federal Housing Finance Authority (FHFA) provides sound evidence that it’s a financial positive for lenders to participate in a well-functioning mediation program. FHFA, which regulates Fannie Mae and Freddie Mac , is proposing to increase guarantee fees for mortgages in Connecticut, Florida, Illinois, New Jersey, and New York, stating that laws and procedures enacted in those states have extended the foreclosure process and increased the costs of foreclosure on Fannie Mae and Freddie Mac. (more…)
Foreclosure Mediation by the Numbers
Jennifer Shack, October 5th, 2012There has been a lot of talk about whether mediation is an effective answer to the foreclosure crisis, but there hasn’t been a lot of information. RSI is trying to rectify that. As one step in understanding the effectiveness of these programs, RSI has pulled together all the publicly available statistics for foreclosure mediation programs in the US in Foreclosure Dispute Resolution by the Numbers. This document visually presents the available data for each program individually and comparatively across all programs. (more…)
