Winter/Spring 2011 Foreclosure Prevention Resource Guide is Released

Date: 
April 1, 2011

The Urban Affairs Coalition and the UAC Foreclosure Prevention Task Force are pleased to present the Foreclosure Prevention Resource Guide, Winter/Spring 2011 Edition. The Guide is designed to help professional housing counselors and homeowners, in the Philadelphia five-county region, better navigate the mortgage foreclosure process and the foreclosure prevention programs available to homeowners.

The guide comes out bi-annually and there are a few updates since the last edition:

The Pennsylvania Housing Finance Agency's refinance programs, REfinance into an Affordable Loan (REAL) and Homeowners' Equity Recovery Opportunity (HERO) Loan, are no longer available. The programs expired on December 31, 2010.
To reach underwater homeowners with non-FHA mortgages, the Federal Housing Administration is working with approved lenders to offer the new loan product, FHA Short Refinance.


The Winter/Spring 2011 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 2010 edition of the guide or for any feedback on the contents, please e-mail foreclosureguide@uac.org