[Agentmanagers1] FW: REMINDER: Washington State Foreclosure Prevention Fee Remittance Instructions

[George Peters]

To WLTA Members - FYI. Note that this is the second email being forwarded to
day on this subject matter.

 

[NOTE: You may get more than one copy of this email due to overlapping
distribution lists.]

 

George

 

George Peters, WTP

Co-Executive Director

Washington Land Title Association

 <https://washingtonlandtitle.com/> https://washingtonlandtitle.com 

Mail: PO Box 328, Lynnwood, WA 98046

Delivery: 6817 208th St SW, #328, Lynnwood, WA 98036

206-437-5869 (Mobile)

206-260-4731 (Fax)

 <mailto:execdirector at wltaonline.org> execdirector at washingtonlandtitle.com

 



This is a confidential communication intended solely for the named
recipient. If you are not the intended recipient, please destroy it and call
George Peters at 206-437-5869 immediately. Thank you.

 

From: COM Foreclosure Mediation Program
<foreclosuremediation at commerce.wa.gov> 
Sent: Thursday, July 24, 2025 4:18 PM
To: COM Foreclosure Mediation Program <foreclosuremediation at commerce.wa.gov>
Subject: REMINDER: Washington State Foreclosure Prevention Fee Remittance
Instructions

 

Hello,

 

Expanding and Funding the Foreclosure Mediation Program
<https://urldefense.com/v3/__https:/links-2.govdelivery.com/CL0/https:*2F*2F
lawfilesext.leg.wa.gov*2Fbiennium*2F2025-26*2FPdf*2FBills*2FSession*2520Laws
*2FSenate*2F5686-S2.SL.pdf*3Fq=20250613152103/1/01010197b1c87335-1ff93f7d-c4
fd-4e5e-8eca-d0dbe79ee1de-000000/MJEQ7jrBIFY3E4uN0cRIGAmoBvSMZ-svr6ly0dXSM8o
=411__;JSUlJSUlJSUlJSU!!D6Dhcv9X6FC4!e_A1E3aOAFvdWiO1HrCxTB1V82NiChAO21SloY2
8jwmsPeErSzl4k0xVfpQNQs7DHN2rZu_LUItqjRIF_OgRsRIy7w$>  (E2SSB 5686) becomes
effective July 27, 2025. E2SSB 5686 amends the Deeds of Trust Act, chapter
61.24 RCW, to expand and fund the Foreclosure Fairness Program overseen by
the Department of Commerce. Section 8 of E2SSB 5686 requires the assessment
and collection of the new Foreclosure Prevention Fee.

 

Detailed payment instructions and information regarding Individualized
Agreements are available on the Department of Commerce's Foreclosure
Fairness Program website
<https://www.commerce.wa.gov/homeownership/foreclosure-fairness/>  under the
"Foreclosure Prevention Fee" dropdown menu.

 

The remittance information can also be found in the links below:

 

*	Remittance Instructions
<https://deptofcommerce.app.box.com/s/nkm3g8ox5g9yaf0yeuaxhosu8fuahnq4> -
Foreclosure Prevention Fee
*	Electronic Funds Transfer Instructions
<https://deptofcommerce.app.box.com/s/hzicdjuo48rjl4jnunrbxop2t5pou6uf> 
*	Individualized Agreement Application - Foreclosure Prevention Fee
<https://deptofcommerce.app.box.com/s/a6cbz0p0f8o59kql6o5eisbzpxvhrds4> 
*	Individualized Agreement Report - Foreclosure Prevention Fee
<https://app.smartsheet.com/b/form/e693f44221b54241a09e486e476e0f3d> 

 

**Please share this information widely with your respective stakeholder
groups**

 

Please continue to send any questions related to the Foreclosure Prevention
Fee to foreclosuremediation at commerce.wa.gov
<mailto:foreclosuremediation at commerce.wa.gov> .

 

 

Thank you,

 

Kyle Jung |  Foreclosure Fairness Program Manager

Homeownership Unit  |  Washington State Department of Commerce

1011 Plum Street SE

Olympia, WA 98504

 

Cell: 564-201-0026

Email:  <mailto:kyle.jung at commerce.wa.gov> kyle.jung at commerce.wa.gov

 

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Email communications with state employees are public records and may be
subject to disclosure, pursuant to Ch. 42.56 RCW.

 

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