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October 20, 2011

Washington Realtors

The Washington Association of Realtors, the Washington State Office of the Attorney General and others have produced a video that explains homeowners' rights under the new state Foreclosure Fairness Act. Under the law, homeowners facing foreclosure may have the right to meet with their lender and demand mediation to attempt a modification of their loan. The three-part video is at http://WArealtor.vidmeup.com. More than 10,000 Washington state homes were in foreclosure during the first half of 2011 and another 76,400 homeowners are “seriously delinquent” on their mortgages.




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