Doylestown, PA, June 29, 2013 –(PR.com)– Bucks County Mediation and Arbitration Center (BCMAC), is pleased to announce. Most recently, Lyons helped create the Mortgage Foreclosure Diversion.
State and Federal programs, like PA’s Emergency Mortgage Assistance, will temporarily stop foreclosure until the program successfully brings the mortgage current or the homeowner fails to make a payment to the program. Several Pennsylvania counties offer conciliation conferences and potential stays of foreclosure to bring the mortgage current.
Once Plaintiff receives the Stay Order and Election of Participation, Plaintiff shall serve Defendant(s) and North Penn Legal Services (North Penn), c/o Jennifer Heverly, Esq., 329 North Market Street, Williamsport, Pennsylvania 17701, with the Notice of Participation in Lycoming County Foreclosure Diversion Program.
Pennsylvania’s share of this money will be used to assist homeowners with various housing issues, most notably with home foreclosure, through the Homeowners’ Emergency Mortgage Assistance Program..
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IN THE COURT OF COMMON PLEAS OF BUCKS COUNTY CIVIL DIVISION IN RE: MORTGAGE FORECLOSURE : ADMINSTRATIVE ORDER NO. 55 DIVERSION PROGRAM : AND NOW, this 26th day of June 2009, Bucks County civil division administrative order No. 55, promulgated on June 5, 2009, is hereby amended to read as follows:
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· Unlike Philadelphia’s foreclosure-diversion program, which requires mandatory lender participation, Making Home Affordable is voluntary. (A state House bill that would have brought foreclosure diversion to all of Pennsylvania was withdrawn by its sponsor, Philadelphia Democrat Michael McGeehan, when lenders tried to make it voluntary.)
The Diversion Program Process I NTRODUCTION Joint General Court Reg. No. 2008-1 Joint General Court Reg. No. 2008-1 established the Residential Mortgage Foreclosure Diversion Pilot Program in June 2008. The program was reauthorized by court order on December 16, 2009, and is now a lasting fixture of the Philadelphia foreclosure process.
Pennsylvania. mortgage loans, helped fund the construction of 132,531 rental units, and saved the homes of more than 49,215 families from foreclosure. PHFA programs and operations are funded.
He also credited the nationally recognized philadelphia Residential Mortgage Foreclosure Diversion Program, created by Common Pleas Court as a factor in the lower foreclosure rate. "It [the program].