GMAC Mortgage, LLC v. Willoughby, ___ N.J. ___ (2017). In 2008, recognizing the effects of the financial crisis on New Jersey homeowners, our Supreme Court established the Residential Mortgage Foreclosure Mediation Program. The Program was intended to foster mediated resolutions that would result in restructuring loans to avoid foreclosure. Today’s opinion by Justice Albin focuses […]
The post Residential Mortgage Foreclosure Mediation Program is Meant to Produce Enforceable Settlements, and the Supreme Court Enforces Such a Settlement appeared first on Appellate Law NJ Blog.
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