Foreclosure Resource Center

Consumer Information

Need legal advice?

• Philadelphia Legal Assistance
• Community Legal Services

Need to talk to a housing counselor?

• HUD-Approved Housing Counseling Agencies
• Pennsylvania Finance Housing Agency: Homeownership and HEMAP-Approved Housing Counseling Agencies
• Delaware State Housing Authority
• United Way

Resources for homeowners

Falling behind on your mortgage? Need to refinance? Learn about mortgage assistance and refinance programs offered by the following agencies:

• Federal Housing Administration (FHA):
  • FHASecure
  • Hope for Homeowners
• Pennsylvania Housing Finance Agency:
  • HEMAP
  • REAL and HERO
• Philadelphia Neighborhood Housing Services (NHS): Loans for Legal and Sheriff's Fees
• Delaware State Housing Authority: Delaware Emergency Mortgage Assistance Program (DEMAP)
• New Jersey Housing and Mortgage Finance Agency:
  • Homeownership Preservation Refinance Program (HPRP)
  • Refinance Rehabilitation Program
• New Jersey Housing Resource Center
• Neighborhood Assistance Corporation of America: Home Save Program

Other informational websites and background information

Third District (Pennsylvania, New Jersey, and Delaware):

• Delaware Department of State: Office of the State Bank Commissioner
• New Jersey Department of Banking & Insurance
• New Jersey Home Ownership Preservation Effort (NJ HOPE)
• Pennsylvania Department of Banking
• Philadelphia Daily News - The Foreclosure Survival Guide

National:

• A Consumer's Guide to Mortgage Refinancings
• NeighborWorks America: foreclosure prevention information
• HOPE NOW: foreclosure prevention information
• Foreclosure Resources for Consumers (Federal Reserve Board of Governors)
• You May Be Paying Too Much for Your Mortgage (Federal Reserve Bank of Boston)
• Filing a Bank-Related Complaint (Federal Reserve Consumer Help)

Community Resources

Help your customers. Find an approved housing counselor, agency lender, or simply gather the resources and education to help consumers navigate the complex foreclosure process.

National Resources

• Stable Communities — Created by NeighborWorks America and designed to help communities respond to local problems that arise when foreclosed homes remain vacant. StableCommunities.org is where community development practitioners share success stories and learn what works to reverse the many negative impacts of foreclosure.

Counseling agencies

• HUD-Approved Housing Counseling Agencies
• Pennsylvania Finance Housing Agency: Homeownership and HEMAP-Approved Housing Counseling Agencies
• Delaware State Housing Authority
• United Way

Learn about loan programs that can help your customers

• Federal Housing Administration
• Pennsylvania Housing Finance Agency
• Philadelphia Neighborhood Housing Services (NHS): Loans for Legal and Sheriff's Fees
• Delaware State Housing Authority
• New Jersey Housing and Mortgage Finance Agency
• New Jersey Housing Resource Center
• Neighborhood Assistance Corporation of America

Other resources

• Greater Philadelphia Urban Affairs Coalition - Foreclosure Prevention Resource Guide
• PBS NOW
• Excerpts from Foreclosure Prevention: A Collaborative Meeting Between Servicers and Counselors
• Just Price BestFIT

Research, Publications, and Other Background Information

• How to Spend $3.92 Billion: Stablizing Neighborhoods By Addressing Foreclosed and Abandoned Properties
• A Snapshot of Mortgage Conditions with an Emphasis on Subprime Mortgage Performance
• Synopses of Selected Research on Housing, Mortgages, and Foreclosures
• Cascade: No. 66, Fall 2007: Foreclosure
• Community and Economic Development Research (CEDRIC)
• Conference of State Bank Supervisors: State Foreclosure Prevention Working Group Reports
• NeighborWorks Center for Foreclosure Solutions
• Spotlight on Research: What Happens to Subprime Defaults
• Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures
• The Reinvestment Fund: Mortgage Foreclosure Filings in Maryland, Delaware, and Pennsylvania

Policy and Regulation

• Loan Modification
• Home Mortgage Amendments (Regulation Z – Truth in Lending)
• Federal and State Agencies Announce Project to Improve Supervision of Subprime Mortgage Lenders
• Federal Financial Regulatory Agencies and CSBS Issue Statement of Loss Mitigation Strategies for Servicers of Residential Mortgages
• New Mortgage Laws in Pennsylvania: five mortgate reform bills

Events and News

• Confronting the Neighborhood Impacts of Foreclosure
• Hope for Homeowners, FHA's new program, is effective October 1, 2008
• Summary of the "Housing and Economic Recovery Act of 2008"