The Foreclosure Mediation Program was created in 2009 with the passage of Assembly Bill 149 to address the foreclosure crisis and help Nevada families keep their homes. The newly created advisory committee will evaluate the program on an ongoing basis and make suggestions on how to further the program’s success.
From the program’s first mediation in September 2009 through Dec. 31, 2010, 9,135 mediations have been completed. Of those mediations, more than half (4,921) have resulted in some agreement, allowing 3,346 people to stay in their homes, according to a Chase press release.
“While the program has evolved to give homeowners alternatives and options, like short sales, its original purpose was to allow them to keep their homes, so our goal is to bring those numbers up,” Talayka said.
“I have seen firsthand the frustration experienced by homeowners that want to keep their homes,” Campbell said. “I am honored to have been selected to serve on the mediation committee, I see my participation as another avenue to be an advocate for my clients and the many homeowners facing the challenge of retaining their homes in today’s real estate crisis.”
Campbell and Talayka were screened by each member of the Nevada Supreme Court before being selected for the committee. They will meet bi-monthly and serve on the committee for a one-year term, which can be extended.
To contact Talayka, email him at firstname.lastname@example.org, visit www.SellingHomesinReno.com, visit his blog at www.SellingNorthernNV.com or call 220-1630. To reach Campbell, email email@example.com, visit her website at www.MizzEdee.com or call 232-5262.