Section 230-RICR-40-10-4.6 - Qualifications of Mediation CoordinatorA. The Mediation Coordinator shall have a minimum of three (3) years of experience in residential mortgage lending and loss mitigation guidelines with a working knowledge of prime and sub-prime loan products, modifications, forbearance agreements, bankruptcy laws, tax sales, excellent written and verbal communication skills, strong analytical, problem-solving and organizational skills, and experience with tracking systems.B. The Mediation Coordinator will also have the knowledge, ability, and contacts to access local and national offices of lenders and foreclosure attorneys.C. The Department will maintain a list of approved Mediation Coordinators on its website.230 R.I. Code R. 230-RICR-40-10-4.6
Amended effective 10/15/2024