Philadelphia Mayor Michael A. Nutter has introduced the Philadelphia Mortgage Foreclosure Protection Plan today at a press conference at City Hall. The plan consists of a number of measures designed to help Philadelphia homeowners affected by the mortgage foreclosure crisis, including free housing counseling services and a hotline that people can call if they are having trouble with their mortgages.
The public outreach program will include a public service announcement recorded by the mayor to run on television and radio, advertisements in newspapers and on buses, inserts in water bills, letters to residents affected by sheriff sales, and outreach teams going door-to-door at the homes of affected homeowners to provide advice.
Through the program, concerned homeowners can call (215) 334-HOME to talk to an attorney from Community Legal Services. They will help homeowners understand their loans and work to see if they can be made more affordable.
Additionally, Philadelphia Sheriff John Green has delayed sales that were scheduled for the months of April and May until July, and the Philadelphia Court of Common Pleas has established the Residential Mortgage Foreclosure Diversion Pilot Program. The program requires all owner-occupied properties scheduled for sheriff's sale to be scheduled for a conciliation conference before they can be sold.
Source: Office Of Mayor Nutter
