Advocacy Key to Philadelphia Foreclosure Plan

Publication: The Philadelphia Inquirer

Author: Harold Brubaker


04/16/2008 - A Philadelphia program introduced today to reduce the number of mortgage-foreclosure sales highlights the strength of the city's consumer-advocacy community, according to several experts.

"Philadelphia is clearly one of the better-organized places," Kathleen Day, spokeswoman for the Center for Responsible Lending, a national advocacy group in Durham, N.C., said today.

Unfortunately, she said, "it's a patchwork quilt" across the country, with some places having strong advocates for homeowners while others do not.

...

"This is one of the more innovative approaches we've seen," said Tobi Walker, a senior officer with Pew Charitable Trusts, which today issued a report analyzing how states have responded to the foreclosure crisis.

View Advocacy Key to Philadelphia Foreclosure Plan on The Philadelphia Inquirer site.

Pew is no longer active in this line of work, but for more information visit the Subprime Mortgages Project on PewHealth.org.

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