Last updated: 7/14/2016
Foreclosure Mediation Information Provided By Plaintiff {FDP-002A}
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Description
STATE OF MAINE SUPERIOR COURT , ss Docket No. DISTRICT COURT Location: Docket No. , Plaintiff v. , PLAINTIFF'S FORECLOSURE MEDIATION INFORMATION Defendant Now plaintiff (by and through undersigned counsel) submits the following information: A. Name, address, telephone number and other contact information for the person(s) having authority to agree to a proposed settlement, loan modification, or dismissal of the action: 1. Does plaintiff plan to attend by telephone? ! Yes ! No B. For use by the court in conjunction with FDIC Net Present Value calculations, the plaintiff provides the following information: 1. 2. 3. 4. 5. 6. 7. 8. 9. Original Loan Amount Original Amortization Term (in months) Original Interest Rate Interest Only Loan? Current Unpaid Balance (UPB) Current Interest Rate Remaining Mortgage Term (in months) Months Past Due Advances/Escrow Past Due $ $ $ $ $ $ $ $ $ 1 American LegalNet, Inc. www.FormsWorkFlow.com $ % ! Yes $ % ! No 10. Current Mortgage Payment (Principal & Interest Only) (A) Current Interest Payment (B) Current Principal Payment 11. Past Due Interest 12. Current Escrow Payments (A) Taxes (B) Insurance (C) Private Mortgage Insurance FDP-02A, Rev. 09/14 13. Current Fair Market Value $ Fields 14-23 are optional. If plaintiff does not have reliable information based upon actual experience, plaintiff can use the FDIC NPV model defaults, which are indicated in parentheses. 14. Home Price Appreciation Forecast 15. Real Estate Owned (REO) stigma discount 16. Projected Months to Foreclosure Sale 17. Projected Months to REO Sale 18. Projected Foreclosure & REO Disposition Costs 19. Future Interest and Advanced Escrow 20. Cure Rate 21. Projected Redefault Rate after a Modification 22. Projected Months to Redefault 23. Projected Home Price Appreciation (from current date) $ (-5%) (20%) (6) (8) ($7,402) (model will calculate) (15%) (40%) (3) (-4%) C. 1. ! Copies of the mortgage note, mortgage deed, and all assignments and endorsements of the mortgage note and the mortgage deed are attached, OR 2. ! Have been filed with the court already, OR 3. ! Copies cannot be produced because: D. For mediation purposes, please identify the investor on this loan: Dated: Signature: Printed Name: Name, title, and telephone number of person who prepared this form: _________________________________________________________________________________ PLAINTIFF MUST FILE A COMPLETED COPY OF THIS FORM WITH THE COURT AND PROVIDE A COMPLETED COPY OF THIS FORM TO DEFENDANT, ON OR BEFORE THE DATE PROVIDED IN THE COURT'S SCHEDULING ORDER FOR INFORMATIONAL SESSION AND MEDIATION. FDP-02A, Rev. 09/14 2 American LegalNet, Inc. www.FormsWorkFlow.com