S. Florida judges brace for a possible fallout of the foreclosure mediation program

Palm Beach County Chief Judge Peter Blanc said weeding out borrowers who have abandoned their homes and enforcing a “good faith” requirement on lenders may improve a foundering statewide foreclosure mediation program.

Last week, a judicial committee recommended the mandatory program be eliminated, suggesting instead that each of the 20 circuit courts be allowed to opt-in to a newly created uniform plan.

While Florida’s Supreme Court justices mull the advice to end their once-heralded 2009 program, chief judges statewide find the ball may soon be in their court as to how to handle foreclosure mediation in the face of bank resistance and weak homeowner participation.

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