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Pennsylvania News

Unemployed Finance Relief Program Discontinued. The Housing Department, which had to approve the applications for the Emergency Homeowners' Loan Program by Friday, expects that only 10,000 to 15,000 people will qualify. That's only a small sliver of the roughly 100,000 who applied.

The mortgage help simply can’t last forever. The Dodd-Frank financial reform bill was passed last year. The Emergency Homeowners Loan Program was actually modeled after the successful loan relief program in Pennsylvania. The EHLP was a federal mortgage assistance program that offered interest-free and forgivable loans to homeowners who lost at least 15% of their income because of the economy or their own medical condition.