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Attorney Melchionne featured in NY Times article on family’s fight against foreclosure in Connecticut
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The New York Times had a great February 11 article in its Real Estate section (“Mediating in Slow Motion”) that highlights the challenges of fighting foreclosure in Connecticut. The article features my clients and does a great job of examining the effectiveness (and lack of effectiveness) of Connecticut’s foreclosure mediation program. (Appropriate commentary from BAPCPA [...]
Foreclosure Mediation in Connecticut Just So-So.
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This week, Governor Jodi Rell issued a press release touting the success of the foreclosure mediation program in Connecticut. She claims a 75% success rate in mediating foreclosure cases where 2721 homeowners saved their home. Lies, damn lies, and statistics. The report covers the period of July 2008 (when mediation become available in Connecticut) to the end of [...]