February 2, 2011
Washington Advocates Seek To Mimic Nevada Mediation Program  Holly Chisa By Holly Chisa, HPC Advocacy, UTA Washington Lobbyist UTA’s Washington Lobbyist, Holly Chisa, reports that “Within the first week of the Washington legislative session, lawmakers were already working on legislation related to foreclosure. We have had two work sessions in the last two weeks, meeting with advocates, financial institutions, and lawmakers to determine if there can be any agreement on changing current law. At this time, there is no agreement among the parties. Two bills have been introduced on the issue, both structured after the Nevada laws. UTA Board Member Michael Brooks, Esq., of Brooks Bauer, who testified recently before the Nevada Legislature on the Nevada Foreclosure Mediation program, testified before the Washington Legislature on his experience with the Nevada model and its potential impact to the foreclosure process in Washington. We also have several meetings scheduled with lawmakers, including the Chairs of the House and Senate Committees, during this week to discuss the Nevada model, and how changes in the foreclosure law can cripple the process, and the long-term economic recovery of the housing market.” |