Local Rule LBR 9019-3: Loan Modification Program

LBR 9019-3. Loan Modification Program Loan Modification Program. After public comment, the clerk may establish a Loan Modification Program (LMP) to facilitate the processing of requests to modify mortgages involving the debtor's residential real property. The program may provide for:

(a) The designation of one or more LMP providers to maintain an online portal for the communication and exchange of information in a confidential setting; (b) the voluntary use of court-approved mediators or facilitators to assist in the process; (c) mandatory procedures and forms for use by participants; and (d) the setting of maximum fees to be charged by the LMP provider, mediator, and debtor's attorney.