Philadelphia to expand foreclosure program
The city of Philadelphia is looking to expand it’s highly touted program to help people facing mortgage foreclosure.
The city of Philadelphia is looking to expand it’s highly touted program to help people facing mortgage foreclosure.
Listen:
[audio: 090721tmforeclosures.mp3]
The Mortgage Foreclosure Diversion program has been held up as a national model of how to deal with people struggling to keep their homes. Antoinette Ruffin’s home in West Philadelphia was saved through the program. She says it was an extended fight but with the right help she won the battle.
Ruffin: Making sure I was calling my housing counselor the mortgage company everyone involved were on the same page to make sure everybody was where they were supposed to be and me doing what I was supposed to do to get to the end. it was very very stressful and I was just very happy once we got finalized, everything got to be finalized.
New money could be on the way to the program as part of an application to the Department of Housing and Urban Development. The city has applied for 1 million dollars in community development money to fund housing counseling and legal services.
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