Finance (alternative)
Maryland's Foreclosure Mediation Program (FMP) requires:
AAll foreclosures to go through mediation
BLenders to offer mediation to homeowners before a foreclosure sale✓ Correct
CCourts to appoint a mediator in all cases
DHomeowners to pay mediation costs upfront
Explanation
Maryland's Foreclosure Mediation Program requires servicers to offer homeowners the opportunity to participate in mediation before a foreclosure sale proceeds, giving borrowers a chance to explore alternatives.
Related Maryland Finance (alternative) Questions
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