GMAC Mortgage, LLC v. Tamilynn Willoughby (076006) (Monmouth and Statewide
Supreme Court of New Jersey
1Opinion of the CourtJustice Albin
In November 2008, following the collapse of the housing market, this Court implemented a statewide Residential Mortgage Foreclosure Mediation Program to address the economic crisis that left many of our citizens facing the loss of their homes. The primary goal of the Mediation Program was to provide a neutral forum where homeowners and lenders could attempt to reach mutually agreeable terms for restructuring loans to avoid foreclosures. The Program was intended to bring finality to disputes, not to be a springboard for endless rounds of mediation and litigation. This appeal illustrates one…
2Cases cited15 opinions
- Patricia Atalese v. U.S. Legal Services Group, L.P. (072314)Supreme Court of New Jersey · 2014
- Weichert Co. Realtors v. RyanSupreme Court of New Jersey · 1992
- Pacifico v. PacificoSupreme Court of New Jersey · 2007
- Borough of West Caldwell v. Borough of CaldwellSupreme Court of New Jersey · 1958
- Kieffer v. Best BuySupreme Court of New Jersey · 2011
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