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Florida Supreme Court Ends Mandatory Foreclosure Mediation Program

Posted by Benjamin Dona on Tuesday, December 20th, 2011 at 5:05pm.

Florida Supreme Court Ends Mandatory Foreclosure Mediation ProgramFlorida courts will no longer require mandatory foreclosure mediation after the Florida Supreme Court announced it will close down the two-year-old program yesterday. Citing reports the program didn’t work as well as hoped and that the court system could no longer justify the cost, Supreme Court Chief Justice Charles Canady said "new foreclosure cases will no longer be referred to mediation."

The mandatory program, established in 2009, was created to ease pressure on the court system and speed up the foreclosure process. However, according to many Florida homeowners facing foreclosure during its tenure, lenders did not take the process seriously and the program did little to help them avoid the inevitable.

SW Florida Foreclosed Properties

Foreclosures already in the mediation process will continue on that path as they work their way through the system.

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About the Author

Gulf Coast Associates, RealtorsBenjamin Dona is the Broker and Owner of Gulf Coast Associates, Realtors in Bonita Springs, Florida. He holds two advanced degrees, an MBA and an MA, and has an extensive background in both business and marketing. In 1998, he founded Gulf Coast Associates, and formed a group of like-minded Realtor® associates dedicated to offering professional Southwest Florida real estate services by concentrating on information, education and the use of leading edge technologies. He also is a recognized expert on the "Net," a much-quoted and read blog author, and a contributor to both national and international news outlets. Benjamin is a member of the National Association of Realtors, the Florida Association of Realtors, and numerous local real estate boards throughout Southwest Florida.

Contact Benjamin Dona at 239-948-3955

2 Responses to "Florida Supreme Court Ends Mandatory Foreclosure Mediation Program"

Joe wrote:
So does this mean there will be no legal requirement for mediation and lending institutions will barrel through as many foreclosures as they can as quickly as they can? Or will everything be mired in gridlocked once more?

Posted on Saturday, December 24th, 2011 at 9:04am.

Benjamin wrote:
Yep, no mediation requirement anymore. I'm not sure there will be gridlock though. Even with the media making it seem like all we have is foreclosures in Florida, the numbers have actually dropped quite dramatically.

Posted on Saturday, December 24th, 2011 at 9:46am.

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