Chicago Community Trust

In 2010, the Circuit Court of Cook County created the Mortgage Foreclosure Mediation Program to assist homeowners who have received a foreclosure summons from the Court.  Funded by the Cook County Board, the Program was established in response to the recent economic recession and related mortgage crisis as an effort to help families in foreclosure throughout Cook County.

The Circuit Court of Cook County announced on April 20, 2010 the launch of a court-based mediation program for foreclosure cases filed in Cook County in response to the increasingly rising foreclosure rate. Plaintiffs filing residential foreclosures after April 12, 2010 must notify homeowners in the summons about their option to pursue mediation.

The Circuit Court of Cook County has created the Mortgage Foreclosure Mediation Program to assist homeowners who have received a foreclosure summons from the Court.  Funded by the Cook County Board, the Program was established in response to the recent economic recession and related mortgage crisis as an effort to help families in foreclosure throughout Cook County.

A conference entitled “Mortgage Foreclosure Policy: Past, Present, and Future” brought together leading practitioners and scholars of the foreclosure crisis at the Federal Reserve Bank of Chicago to highlight national and local efforts to combat foreclosures, engage in critical discussion of the causes of and solutions to the crisis, and develop plans to avoid future foreclosure crises.