The New Jersey judiciary is beginning a statewide mediation program for home-mortgage foreclosure cases, designed to get lenders and owners of distressed properties to the bargaining table and thus stanch the flood of foreclosure filings that have hit the courts.
The new rubric expands on a pilot program begun earlier this year in Middlesex County. It will start in Essex, Union, Ocean, Camden, Bergen and Hudson counties within a month and is expected to be statewide in 60 days.
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