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Pennsylvania mortgage foreclosure diversion program benefits servicers

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You have elected to participate in the Berks County Residential Mortgage Foreclosure Diversion Program. Your participation in this Program provides certain benefits to you in your attempts to obtain a. Twenty Third Judicial District of Pennsylvania 633 Court Street, Reading, PA 19601

Contents Providing inaccurate information clients.].citi strives Information clients.].citi strives Diversion program benefits servicers Southwestern pennsylvania legal Diversion program financial worksheet {14} Foreclosure diversion programs are popular in Pennsylvania, but one local lawyer says lenders and servicers need to change their Read.

Beth Shay of the Philadelphia Senior Law Center discusses a reverse mortgage case with a resident as part of the philadelphia municipal courts residential Mortgage Foreclosure Diversion Program. If loss mitigation or a special diversion court doesn’t help prevent a foreclosure action, advocates said, seniors need better protection in court.

The benefit of the Diversion Program to the homeowner The Diversion Program gives the homeowner time to apply for a loan modification, which could make the monthly payment more affordable, or for mortgage assistance, such as a HEMAP loan.

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The services are mostly free, and the counselors can help you deal with mortgage and foreclosure problems, as well as provide debt help. Budget counseling is also provided. Easton Area Neighborhood Centers, phone (610) 253-4253, offers budget counseling and advocacy, and get information on Pennsylvania mortgage programs.

Alfred Abel, Esq. was recently recognized for his key role serving as a volunteer master in the Montgomery County Mortgage Foreclosure Diversion Program. This free program was established by the.

Designing Effective Foreclosure Diversion Programs in Pennsylvania At least fourteen judicial districts in Pennsylvania have a foreclosure diversion program: Allegheny, Blair, Bucks, Butler, Delaware, Fayette, Lackawanna, Lehigh, Luzerne, Lycoming,

 · Unlike Philadelphia’s foreclosure-diversion program, which requires mandatory lender participation, Making Home Affordable is voluntary. (A state House bill that would have brought foreclosure diversion to all of Pennsylvania was withdrawn by its sponsor, Philadelphia Democrat Michael McGeehan, when lenders tried to make it voluntary.)

The Diversion Program Process I NTRODUCTION Joint General Court Reg. No. 2008-1 Joint General Court Reg. No. 2008-1 established the Residential Mortgage Foreclosure Diversion Pilot Program in June 2008. The program was reauthorized by court order on December 16, 2009, and is now a lasting fixture of the Philadelphia foreclosure process.

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