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Loan Modification

: Mortgage Lender Implode-o-Meter

Pennsylvania?s Casey Urges HUD to Release Funds to Prevent Foreclosures

By Implode-Explode Heavy Industries

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"Pennsylvania is slated to receive over $105 million and is well positioned to spend the money quickly, since the EHLP is largely modeled on the successful Homeowners Emergency Mortgage Assistance Program that PHFA has administered since 1983. The delay in the disbursement of funds, however, has burdened state agencies like PHFA that have been designated recipients of funds as well as unemployed homeowners who live in fear of losing their homes to foreclosure."

Full post as published by Mortgage Lender Implode-o-Meter on January 07, 2011 (boomark / email).

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