December 22, 2011 (Press-News.org) HEMAP: Model Pennsylvania Foreclosure-Prevention Program Shuttered
As of June 30, 2011, a popular Pennsylvania foreclosure-prevention program was closed down for lack of adequate public funding. The legislature had only appropriated $2 million to the Homeowners Emergency Mortgage Assistance Program for the next fiscal year and the Pennsylvania Housing Finance Agency responded that it couldn't run HEMAP without more money.
HEMAP was started by the state in 1984 mainly to help homeowners struggling with their mortgage payments because of urban job loss in the steel industry. The program stood the test of time and was lauded by many as highly successful. According to the Pittsburgh Tribune Review, HEMAP has saved about 40,000 homes from foreclosure over the years.
The premise is simple. A HEMAP loan helps homeowners suffering from job loss catch up on past-due payments and make ongoing mortgage payments. When the homeowner finds employment, the loan is over, interest starts to accrue and the homeowner begins making modest monthly payments to repay it. HEMAP was praised for being easy and cheap for the government to administer, and for having a high repayment rate, perhaps in part because of tight applicant screening.
State legislators are showing interest in solving the HEMAP funding problem. For example, in November 2011, a bill was introduced in the House that would provide funds to HEMAP from natural gas-extraction taxes. In early December 2011, Pennsylvania State Senator LeAnna Washington, D-Philadelphia, indicated that she will introduce a bill that permanently funds HEMAP by dedicating certain tax revenue from Pennsylvania casinos.
Housing advocates are watching with interest to see if HEMAP is restored. If you are having trouble making your mortgage payments or face foreclosure, an experienced attorney can educate you about your options, such as filing Chapter 13 bankruptcy, obtaining a short sale or refinancing.
Article provided by Joseph R. Viola, P.C.
Visit us at http://www.jrviola.com
HEMAP: Model Pennsylvania Foreclosure-Prevention Program Shuttered
As of June 30, 2011, a popular Pennsylvania foreclosure-prevention program was closed down for lack of adequate public funding. The legislature had only appropriated $2 million to the Homeowners Emergency Mortgage Assistance Program for the next fiscal year and the Pennsylvania Housing Finance Agency responded that it couldn't run HEMAP without more money.
2011-12-22
ELSE PRESS RELEASES FROM THIS DATE:
Chapter 13 Bankruptcy Can Save Your New Mexico Home From Foreclosure
2011-12-22
Chapter 13 Bankruptcy Can Save Your New Mexico Home From Foreclosure
In today's dire financial times, many people in New Mexico and throughout the rest of the country are facing foreclosure. Some people are under siege from creditors and unable to pay off their debts. Others have high medical bills and are unable to catch up on delinquent payments. With a high national unemployment rate, many have suffered through an extended period of unemployment, and thus fell behind on bills, even if now employed again. In such cases, those who file Chapter 13 bankruptcy may be able ...
Washington Appeals Court Rules in Favor of Stepparent Rights
2011-12-22
Washington Appeals Court Rules in Favor of Stepparent Rights
In Washington, divorcing parents can ask for custody of their children as long as they are "fit." When a spouse is not the biological parent, they historically have been required to file a petition for "nonparental custody" no matter how much they seem like an actual parent. A Washington Court of Appeals ruling, however, brings stepparents closer to achieving the same status of biological parents.
Stepparents Can Be "De Facto" Parents
The court decided that a former stepfather ...
Vincent Van Gogh's "Starry Night" Most Popular Oil Painting In 2011
2011-12-22
The popular online art gallery, overstockArt.com, revealed today its annual Top 10 Oil Paintings rankings for 2011. Topping the list is Vincent van Gogh's masterpiece, "Starry Night." Other artists named on the 2011 list include Salvador Dali, Wassily Kandinsky, Gustav Klimt, Claude Monet and Pablo Picasso.
Van Gogh had a spectacular year with his art taking the top three spots in overstockArt.com's annual list of the top best-selling oil paintings of the year. "Starry Night" is back to reign supreme as the most popular oil painting of 2011 after ...
SpotlightTMS Selected as Ticket Management System for Memphis Grizzlies' Corporate Suite Holders at FedExForum
2011-12-22
With the NBA back in business, companies are now prioritizing their use of luxury suites and season tickets for corporate entertaining. As a value-added feature of its season ticket and hospitality suite packages, the Memphis Grizzlies will provide its corporate clients with SpotlightTMS , a Software-as-a-Service (SaaS) application that enables companies to measure the business impact of their ticket and suite assets, Spotlight Ticket Management (http://www.SpotlightTMS.com) announced today.
With SpotlightTMS, organizations can manage their entertainment asset investments ...
CEO of Amadeus Consulting Lisa Calkins Joins the DaVinci Institute's Council of Luminaries
2011-12-22
Custom software development company Amadeus Consulting's CEO Lisa Calkins joins The DaVinci Institute's Council of Luminaries. The Institute provides expert advice, targeted education and guidance to business success working to develop the critical skills necessary to make their client's projects viable.
The Council members volunteer their time up to three hours per month serving as mentors to businesses looking to make their visions a reality. Each member represents an industry in business, providing specialized expertise.
"It's a wonderful way to give back ...
Big Things at Beezid Leading to Best of 2011 Event
2011-12-22
Penny auction leader Beezid.com is wrapping up 2011 in style with their "Best of 2011" event beginning on December 28th and the days leading up to it will now be extra special, too. Effective immediately, Beezid is offering a taste of each and every one of their popular auction types throughout the course of every day as the year winds down.
"The holiday season is upon us and we're giving gifts to our members all day, every day leading up to our biggest promotion to date." said Beezid CEO Max Bohbot.
Every day, Beezid will be offering all of their ...
Holiday Inn Express Chambersburg Hotel Puts Finishing Touches on Property-Wide Renovation Comprehensive Refresh Includes All Room and Public Spaces, Enhanced Facilities
2011-12-22
Holiday Inn Express & Suites Chambersburg, an award-winning and top-rated hotel in Chambersburg, Pennsylvania, recently put the finishing touches on a comprehensive renovation.
The property-wide refresh enhanced all guest rooms and public spaces with a bright, modern look and additional features to improve the guest experience.
Returning hotel guests will notice the upgrade the moment they step into the refinished lobby, which features all new furniture, carpet, tile, wallpaper, paint and lighting for a warm, contemporary welcome. The front desk was also redesigned ...
Popular Mechanics Top 10 Cars for 2012 Winner, the 2012 Infiniti M Hybrid, Available Now at Clear Lake Infiniti in Houston, TX
2011-12-22
Clear Lake Infiniti is proud to offer a Popular Mechanics Top 10 Car of 2012, the 2012 Infiniti M Hybrid, at their Houston Texas area dealership. The all-new 2012 M Hybrid combines a groundbreaking 360 horsepower engine with an estimated fuel economy of 27/32 mpg city/highway, the first of its kind in the luxury performance class.
The Infiniti Direct Response Hybrid system features an innovative one motor, two clutch parallel hybrid powertrain, giving the M Hybrid the capability of going from 0 to 60 in less than six seconds and the power to hit 62 mph in pure electric ...
Long Island, NY Nissan Dealership Offers the 100% Electric 2012 Nissan LEAF
2011-12-22
Drivers can now enjoy the 100% electric 2012 Nissan LEAF at Legend Nissan on Long Island, NY. The LEAF offers fuel efficiency, interior comfort, and safety features.
The 2012 Nissan LEAF is an all-electric car that can achieve up to 106 MPG in the city and up to 92 MPG on the highway. The 2012 LEAF runs on an 80-kilowatt electric motor and a 24kWh Lithium-Ion battery. With no tailpipe and zero emissions, the LEAF is a revolutionary vehicle running solely on electricity. The LEAF's exterior also contributes to its fuel economy with its aerodynamic LED headlights, underbody, ...
7-Year Old Brain Tumor Survivor and Event Ambassador Chase Breneman Walks Miles for Hope to Raise Funds for Brain Tumor Research
2011-12-22
Seven year old Cape Coral Resident Chase Breneman has been named Event Ambassador for the inaugural Moving Towards a Cure 5K Run/Walk in Fort Myers, which will be held on Saturday, January 7th, 2012 at 9 am at Lakes Park in Fort Myers, FL. The funds raised will be used to support Brain Tumor research and provide medically needy travel assistance to qualified Brain Tumor patients. Chase is a Brain Tumor survivor; therefore his involvement with this event is a personal one.
Chase was diagnosed with a subependymal giant cell astrocytoma (SEGA) tumor in the spring of 2010, ...
LAST 30 PRESS RELEASES:
Less than half of parents think they have accurate information about bird flu
Common approaches for assessing business impact on biodiversity are powerful, but often insufficient for strategy design
Can a joke make science more trustworthy?
Hiring strategies
Growing consumption of the American eel may lead to it being critically endangered like its European counterpart
KIST develops high-performance sensor based on two-dimensional semiconductor
New study links sleep debt and night shifts to increased infection risk among nurses
Megalodon’s body size and form uncover why certain aquatic vertebrates can achieve gigantism
A longer, sleeker super predator: Megalodon’s true form
Walking, moving more may lower risk of cardiovascular death for women with cancer history
Intracortical neural interfaces: Advancing technologies for freely moving animals
Post-LLM era: New horizons for AI with knowledge, collaboration, and co-evolution
“Sloshing” from celestial collisions solves mystery of how galactic clusters stay hot
Children poisoned by the synthetic opioid, fentanyl, has risen in the U.S. – eight years of national data shows
USC researchers observe mice may have a form of first aid
VUMC to develop AI technology for therapeutic antibody discovery
Unlocking the hidden proteome: The role of coding circular RNA in cancer
Advancing lung cancer treatment: Understanding the differences between LUAD and LUSC
Study reveals widening heart disease disparities in the US
The role of ubiquitination in cancer stem cell regulation
New insights into LSD1: a key regulator in disease pathogenesis
Vanderbilt lung transplant establishes new record
Revolutionizing cancer treatment: targeting EZH2 for a new era of precision medicine
Metasurface technology offers a compact way to generate multiphoton entanglement
Effort seeks to increase cancer-gene testing in primary care
Acoustofluidics-based method facilitates intracellular nanoparticle delivery
Sulfur bacteria team up to break down organic substances in the seabed
Stretching spider silk makes it stronger
Earth's orbital rhythms link timing of giant eruptions and climate change
Ammonia build-up kills liver cells but can be prevented using existing drug
[Press-News.org] HEMAP: Model Pennsylvania Foreclosure-Prevention Program ShutteredAs of June 30, 2011, a popular Pennsylvania foreclosure-prevention program was closed down for lack of adequate public funding. The legislature had only appropriated $2 million to the Homeowners Emergency Mortgage Assistance Program for the next fiscal year and the Pennsylvania Housing Finance Agency responded that it couldn't run HEMAP without more money.