§ 766.114 - State-certified mediation or voluntary meeting of creditors.  


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  • § 766.114 State-certified mediation or voluntary meeting of creditors.

    (a) A borrower who is unable to develop a feasible plan but is otherwise eligible for primary loan servicing may request:

    (1) State-certified mediation; or

    (2) Voluntary meeting of creditors when a State does not have a certified mediation program.

    (b) Any negotiation of the Agency's appraisal must be completed before State-certified mediation or voluntary meeting of creditors.