Proposed changes to foreclosure law could double mediation time

by Alan Blinder, Washington Examiner
Thursday, July 26th, 2012

Consumer advocates, auctioneers and Mayor Vincent Gray's administration are all pressing for changes to the District's foreclosure laws, which were the target of a 2010 overhaul in the wake of the national housing crisis, and a D.C. council member said lawmakers are likely to back the modifications.

"There was some major consensus," said Ward 7 Councilwoman Yvette Alexander, who chairs the legislative panel considering the slate of updates. "This is going to move forward."