The 17th Judicial Circuit of Illinois’ Residential Mortgage Foreclosure Mediation Program provides a unique opportunity to aid families throughout Winnebago and Boone Counties who are in foreclosure.
Mediation is a process where a neutral third-party (a trained mediator) helps borrowers and lenders communicate to explore options available to a homeowner.
While not every mediation resolves the foreclosure, the process can give homeowners an opportunity to speak directly with a representative of their lending institution and may generate options for resolving the foreclosure, including possible loan modification and other available options.