The Greater Philadelphia Area
Delaware County Real Estate Department – Sheriff Sales
List of Current Properties up for Sheriff Sales
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Delaware County and Philadelphia Real Estate For Sale
$2,000 per month, Wallingford(rental)
$699,000, Philadelphia
$399,000, Media
$375,000, Media
$349,900, Springfield
$340,000, Media
HARRISBURG, PA – Attorney General Linda Kelly announced that official notifications are being sent to approximately 29,000 Pennsylvania borrowers who lost their homes to foreclosure between January 1, 2008 and December 31, 2011 and who may be eligible for payment as part of the $25 billion national mortgage foreclosure settlement.
Eligible borrowers had mortgages serviced by Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo, the nation’s five largest mortgage servicers that agreed to the settlement with the federal government and attorneys general for 49 states and the District of Columbia.
The settlement, which took effect in April, set aside approximately $1.5 billion in payments for two million borrowers nationwide who lost their homes to foreclosure during that period and had their loan serviced by one of the settling servicers. The exact payment will depend upon the total number of borrowers who decide to participate.
Kelly said the national settlement administrator has mailed notification postcards to eligible borrowers nationwide. The postcards explain that consumers may be eligible for a portion of the foreclosure settlement and advises them to carefully review all of the information in the claim packets, which are being mailed this week.
In Pennsylvania, the packets contain an official notification letter from Attorney General Kelly along with a claim form, instructions and answers to frequently asked questions. Those packets are being mailed to 28,448 eligible borrowers beginning today and continuing through October 12th.
Kelly urged eligible Pennsylvania borrowers to watch their mail for the official packets and to complete their claim forms and return them as soon as possible in the envelope provided. Claim forms can also be filed online at www.nationalmortgagesettlement.com.
The deadline for filing all claims is January 18, 2013.
Payment checks are expected to be mailed in mid-2013.
Free claim form assistance available
Borrowers who have questions or need help filing their claims can contact the settlement administrator, toll-free, at 1-866-430-8358. The information line is staffed Monday through Friday from (8 a.m. to 8 p.m. Eastern). Questions can also be sent by email to administrator@nationalmortgagesettlement.com.
Payment will not stop other legal claims
Kelly noted that eligible borrowers do not need to prove financial harm to receive a payment, nor do they give up their rights to pursue a lawsuit against their mortgage servicer or to participate in the Independent Foreclosure Review Process being conducted by federal bank regulators. More information about that program is available at: www.independentforeclosurereview.com.
Eligible borrowers may get a payment from this settlement even if they participate in another foreclosure claims process. However, any payment received may reduce payments borrowers may be eligible to receive in any other foreclosure claim process or legal proceeding.
Eligible borrowers not notified should contact settlement administrator
Borrowers who believe they may qualify for a payment, but did not receive a notice because they have moved should contact the settlement administrator directly to provide that information:
Call toll-free: 1-866-430-8358. The line is staffed Monday through Friday from (8 a.m. to 8 p.m. Eastern).
Email: administrator@nationalmortgagesettlement.com
Beware of scams
Borrowers should not need to pay anyone to file their claim.
Kelly cautioned all homeowners to be aware of settlement-related scams. Do not provide personal information or pay money to anyone who calls or emails you claiming that they are providing settlement-related assistance.
If you believe someone is conducting a settlement-related scam, contact the Pennsylvania Attorney General’s Bureau of Consumer Protection at 1-800-441-2555.
Settlement background
The national settlement followed state and federal investigations, which alleged that the five mortgage servicers routinely signed foreclosure-related documents outside the presence of a notary public and without personal knowledge that the facts contained in the documents were correct. This civil law enforcement action also alleged that the servicers committed widespread errors and abuses in their foreclosure processes.
Broad reform of the mortgage servicing process resulted from the settlement, as well as financial relief for borrowers still in their homes through direct loan modification relief, including principal reduction.
For more information about eligibility and filing a claim:
www.NationalMortgageSettlement.com
Email: administrator@nationalmortgagesettlement.com
Call toll-free: 1-866-430-8358 (hearing impaired: 1-866-494-8281). The line is staffed Monday through Friday from (8 a.m. to 8 p.m. Eastern).
FOR IMMEDIATE RELEASE
For additional information, contact:
Terri Keane
Phone: 215-860-6171
Homes for the Holidays
Historic Newtown Borough, Bucks County welcomes visitors to its Holiday House Tour on Saturday, December 4th.
Now in its 48th consecutive year, this house tour is a Newtown tradition and a festive start to the holiday season. For the $20.00 cost of a tour ticket, visitors can enjoy Newtown on foot for an up-close look at the interiors of six private homes and several public buildings, all dressed for the holidays.
Included in the cost of the tour is entry to the Half-Moon Inn, a beautifully restored 18th century building and home to the Newtown Historic Association, sponsor of the tour. Inside, tour goers will enjoy period musical entertainment, hearthside colonial cooking demonstrations and refreshments of mulled cider and cheese.
Tour hours are from 10:00AM to 4:00PM. Advance tickets can be purchased at Newtown Hardware, 106 S. State Street and on-line at the Association’s website, www.newtownhistoric.org. On the day of the tour, purchase tour tickets at the Half-Moon Inn, Court Street and Centre Avenue and at the Stocking Works, 301 South State Street, Newtown.
In the event of significant snow, the tour will be held on Sunday, December 5th.
Please, no picture taking or high-heeled shoes permitted in the houses.
For additional information, call the Newtown Historic Association at 215-968-4004 or visit our website.
All proceeds from the tour will benefit the Newtown Historic Association and its programs dedicated to the preservation of Newtown’s historical heritage.