Congressman backs homeowner's assistance act

April 17, 2009 2:02:55 PM PDT
Many of those facing foreclosure rallied behind a US representative today.Congressman Chaka Fattah introduced new federal legislation today that would curb the number of properties placed in foreclosure.

The bill, called the Homeowners' Emergency Mortgage Act or HEMA, was introduced in City Hall where hundreds have had their homes saved.

It would establish a program to help local homeowners who are in danger of losing their homes.

Homeowners who are at least two months delinquent on mortgage payments and are facing foreclosure would be eligible to receive federal assistance.

Click here to learn more about the program.

http://www.phfa.org/consumers/homeowners/hemap.aspx

http://fattah.house.gov/?sectionid=34§iontree=32,34&itemid=412 .

Morey money-related links:

Follow Action News on Twitter

Get Action News on your website

Follow Action News on Facebook

Click here to get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys.


Load Comments