Brown v. Department of Commerce
Washington Supreme Court
1Opinion of the CourtStephens, J.
¶1 — In 2011, the legislature enacted the foreclosure fairness act (FFA), Laws of 2011, ch. 58, to amend the deeds of trust act (DTA), ch. 61.24 RCW. Under the FFA, the Department of Commerce (Department) administers a mediation program to encourage home loan modifications in lieu of foreclosures. In that program, a beneficiary of a deed of trust must mediate with a residential borrower before the borrower’s home may be foreclosed. RCW 61.24.163. The FFA exempts from mediation certain beneficiaries that are relatively small banks, specifically federally insured depository institutions that…
2Cases cited23 opinions
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