Modifies foreclosure fairness act provisions regarding: (1) Location of preforeclosure meeting and mediation;

(2) Mailing requirements for notices of preforeclosure options;

(3) Changes to the foreclosure loss mitigation form;

(4) Borrower and beneficiary agreement to enter the foreclosure mediation program;

(5) Required documentation for mediation purposes;

(6) Referrals to mediation; and

(7) Allocation of funds from the foreclosure fairness account.