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Foreclosure Fairness Act - Lenders Exempt from Mediation

Posted by Jeffrey Foster | Nov 23, 2012 | 0 Comments

Lenders Exempt from FFA

Passed during the 2011 Washington State legislative session, the Foreclosure Fairness Act provides an opportunity for homeowners in the state of Washington to participate in a "mediation" to discuss a modification or other options to avoid a foreclosure on a primary residence.  However, not all lenders are required under Washington law to participate in a mediation.  The attached list of exempt lenders and organizations should be consulted when evaluating foreclosure alternatives.

If your lender is exempt from the FFA mediation, you may wish to contact the lender and request an informal mediation where you discuss your loan with the lender in person.  Retaining an attorney with experience with foreclosures, bankruptcy and real estate will enable the homeowner to evaluate her/his options and gain much needed peace-of-mind about what to do when faced with an underwater mortgage, job loss, divorce, health problem or any of the other myriad of other life issues that can cause a home to slip into foreclosure.

About the Author

Jeffrey Foster

Attorney Jeffrey Foster is the founding partner of Foster Law Offices. An accomplished litigation and transaction attorney, Jeff proudly represents Washington individuals and businesses in legal matters Personal Injury, Bankruptcy, Real Estate and Civil Litigation.


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With offices on the Big Island of Hawaii and Washington State, Foster Law Offices represents clients in personal injury and real estate matters. We are also available for representation in a wide range of civil litigation cases.

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Attorney Jeffrey Foster proudly represents individuals and business who are looking for representation and strategic legal advice. From Kailua-Kona to Honolulu to Seattle, Tacoma and Everett, Mr. Foster takes great pride in his cases and the results obtained for his clients. Thank you for visiting the online home for Mr. Foster's Hawaii practice, Foster Law Offices LLLC and his Washington practice, The Law Offices of Jeffrey E. Foster, PLLC. We look forward to the opportunity to assist you in resolving your case, claim, transaction or litigation matter. Thank you and Mahalo.