May 6, 2014

Mediation program helps community and students – A partnership between Utah Valley University, Brigham Young University and many of the Utah County justice courts is giving student mediators a chance to get real-world experience while helping the community and the courts.

New Foreclosures Fall to Lowest Level Since 2006 – Amid renewed concern about weak housing demand, there’s this bright spot: the number of mortgage on which lenders initiated foreclosure in March fell to the lowest level in 7½ years, according to a new report.

Thirty-Year Mortgage Rate Falls in Latest Week –Zillow – Real-estate website Zillow Inc. ( Z ) said its real-time rate on 30-year fixed-rate mortgages fell in the latest week, amid political unrest in the Ukraine.

April 28, 2014

9 Crucial Questions to Ask Yourself Before Calling the Divorce Attorney – None of us gets married thinking that five, ten, even twenty years down the line we’d be so frustrated or miserable that we’d be considering divorce. Most of us step into marriage with hope and enthusiasm, determined to have ours be a marriage that lasts.

Bankruptcy: The Foreclosure Kill Switch – 9.1 million homeowners are grappling with being seriously underwater (owing at least 25 percent more than their homes are worth) in an economy in which the average family’s earnings are stagnant or dropping. With banks and other lenders frequently unwilling or incapable of providing real solutions such as principal reductions to keep homeowners in their homes, more and more families are faced with foreclosure. However, when lenders refuse to approve loan modifications and other solutions, borrowers have one final option: bankruptcy, the foreclosure kill switch.

Mortgage Rates Headed Towards 2014 Lows? – “By all rights mortgage rates should be rising by now,” wrote Keith Gumbinger, vice president of HSH.com, in the latest Market Trends newsletter, but thanks to an inconsistent economy here at home and a rocky situation in many countries abroad, mortgage rates continue to find more room to settle.

Top 5 Mediator Qualities For Product Liability Mediation

Top 5 Mediator Qualities for Product Liability Mediation Product liability mediation is different than most other types of mediation and there are specific qualities that a product liability mediator should have to ensure an effective and smooth negotiation process. If you are considering product liability mediation for your own mediation practice, these qualities should be your goal.

1. A mediator who is accustomed to dealing with big numbers.

Experience in facilitating larger dollar cases will help enormously in product liability claims, particularly experience in identifying at what point difficulties tend to arise in such cases and how to avoid them. Your experience will give you value to both sides in that you will be able to provide leadership throughout the process based on that experience.

2. A mediator who can develop trust and rapport with both sides through pre-mediation strategies.

Developing a sense of trust with both parties can be done through a pre-mediation conference. This conference can be an opportunity for you to anticipate some of the obstacles that typically arise during product liability negotiations, and detail to both sides the way those obstacles should be handled. This knowledge and foresight will give both the plaintiff and defendant a sense of trust in your abilities and will assist with streamlining negotiations during the actual mediation session.

3. A mediator who is able to identify key decision makers.

When you identify key decision makers, you are able to steer negotiations onto a quicker, easier path. A way to do this is to hold a pre-mediation deposition of the persons most knowledgeable about the retention and insurance coverage available to cover claims and disputes. Although the defense attorney might be able to hint at these numbers, more precise discovery and assessment of liability can be accomplished through such depositions.

4. A mediator who can conduct thorough research.

Finding information that clients are not readily willing to share is a useful tool in ensuring negotiations are successful. Researching past product liability claims that have been brought against the company can provide excellent evidence of how the defendant has settled in the past, allowing you a better picture of the direction in which to steer negotiations.

5. A mediator who is up to date on product liability cases and how they have been resolved through the courts.

Knowing how the courts would likely rule on similar cases gives you authority in letting each side know where negotiations should begin. Stay up to date on recent rulings and use these rulings as examples when facilitating your clients’ negotiations.

April 15, 2014

Why Speed Is Crucial in a Divorce – What’s the biggest financial mistake divorcing couples make? Not settling as quickly as is reasonably possible. I say this from having personally worked on divorce cases.

Buying a Home In Foreclosure – Foreclosed homes have the potential to be incredible investments, but could easily turn into a bad investment if not handled properly. Before buying a home in foreclosure, there are a few things you should know that can help make sure you are getting a good deal.

Here’s A Way To Painlessly Phase Out The Mortgage Interest Tax Deduction – Americans love their homes – and their home mortgage interest tax deductions. But is there a better way to promote home ownership without slamming folks with a tax increase? There is.

April 10, 2014

The Right to Gay Divorce – There is something missing from the gay marriage debate. It’s not just about feeling validated, retirement or health care benefits. All those things are nice, but those of us afforded the benefits of marriage take one major thing for granted — the right to a mediated dissolution if the relationship goes south.

Mortgage rates fall ahead of spring home-buying season – Mortgage rates seem to be doing their part to spur the spring home-buying season, according to the latest data released Thursday by Freddie Mac.

See the 19 states with annual growth in foreclosure starts – For the U.S. as a whole, foreclosure starts in the first quarter were down 21% from a year earlier, according to Thursday data from online foreclosure marketplace RealtyTrac.