Foreclosure Prevention Resource Guide Winter/Spring 2010 Edition Available Online

Posted by on March 15, 2010

The Urban Affairs Coalition and the UAC Foreclosure Prevention Task Force are pleased to present the Foreclosure Prevention Resource Guide Winter/Spring 2010 Edition.  The Guide is designed to help professional housing counselors and homeowners in the Philadelphia five-county region better navigate the mortgage foreclosure process.

The new edition includes new information to help professionals support clients who are at risk of losing their homes, including:

·         Identifying and reporting mortgage foreclosure rescue loan scam information

·         Foreclosure diversion programs in Bucks and Delaware Counties

·         Short sales and deed-in-lieu of foreclosure

·         The new federal programs Second Lien Modification and Deed for Lease

The new edition also updates two significant foreclosure prevention programs that recently changed to meet the increasing numbers of distressed homeowners who apply:  the federal Home Affordable Modification Program (HAMP) and the PA Homeowners’ Emergency Mortgage Assistance Program (HEMAP).

The Winter/Spring 2010 Edition is only available online.  To download the guide, please visit http://www.gpuac.org/foreclosurehelp.htm.  To request a hard copy of the Summer/Fall 2009 edition of the guide or for any feedback on the contents, please e-mail [email protected].