Jones v. SUNTRUST MORTGAGE, INC.

OPINION

By the Court,

Gibbons, J.:

In this appeal, we consider whether a signed agreement resulting from Nevada’s Foreclosure Mediation Program (FMP) constitutes an enforceable settlement agreement. We conclude that when an agreement is reached as a result of an FMP mediation, the parties sign the agreement, and it otherwise comports with contract law principles, the agreement is enforceable under District Court Rule 16. Therefore, we affirm the district court’s order denying the Joneses’ petition for judicial review.

FACTS AND PROCEDURAL HISTORY

In 2006, appellants Michael W. Jones and Analisa A.…