NEWS  

1101 Market Street, 11th Floor • Philadelphia, PA 19107

Phone: 215-238-6300 • Fax: 215-238-1267 • www.philadelphiabar.org

04/08/2010

FOR IMMEDIATE RELEASE


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Mortgage Foreclosure Diversion Training April 16

The Residential Mortgage Foreclosure Diversion Program, instituted in April 2008 by the Philadelphia Court of Common Pleas, has provided hundreds of homeowners an opportunity to negotiate face to face with lenders' representatives to save their homes from foreclosure.

Judge Annette M. Rizzo and Philadelphia VIP are asking attorneys to volunteer for the Philadelphia Foreclosure Rescue Effort (Philly FReE). VIP administers the pro bono legal assistance component of Philly FReE, providing training and ongoing support to attorneys who wish to contribute their time to this important effort. Since the inception of the program in June 2008, more than 350 attorneys have been trained. Those attorneys have helped more than 1,400 homeowners save their homes and provided valuable assistance or in attaining a "graceful exit."

The mortgage foreclosure diversion program needs the investment of many pro bono attorneys to help clients negotiate an affordable loan modification, payment arrangement, or other workout option.

Here's how you can get involved. Volunteers can receive one CLE credit for each hour of course work attended (three hours total) by representing two different clients from one or more mortgage foreclosure conciliation conferences on a continuing basis until the attempted negotiation is resolved, or volunteering as an on-call attorney at three different conciliation conference half-day sessions. This must occur within six months of the training session.

The next training session will be held Friday, April 16, from 8:30 a.m. to 12:30 p.m. at PECO/Exelon, 2301 Market St. The presenters will be Alfonso Madrid, Robin Brunson and Andrea Saah. The training will consist of a panel presentation and a participatory case study. Breakfast will be provided by PECO/Exelon. You will receive three free hours of CLE if you fulfill the CLE requirements described above.

If you wish to register for this training, please e-mail phillyvip@phillyvip.org and provide your name, address, telephone number, and firm (if applicable).

VIP would like to thank PECO/Exelon for hosting the training and providing breakfast.

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