Pennsylvania Code › Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT › Part I - General Administration › Subpart D - Housing Finance Agency › Chapter 31 - HOUSING FINANCE AGENCY › Subchapter C - POLICY STATEMENT ON HOME ENERGY EFFICIENCY LOAN PROGRAM (R & R ENERGY) › Appendix A - All paragraphs contained within the body of the notice shall appear in 12 point font

Current through Register Vol. 54, No. 28, July 13, 2024
Date:
Act 91 Notice* (24 point font, bold)
La Notificación de Acto 91* (14 point font,
						bold)
Save Your Home From Foreclosure
This is an official Act 91 Notice. You are receiving this
						notice because Pennsylvania law requires mortgage lenders to send it to
						homeowners facing foreclosure. This notice contains important legal information
						about your rights and how you can save your home.
YOU MAY BE ELIGIBLE FOR
						STATE FUNDED ASSISTANCE
from the Homeowner's Emergency Mortgage
						Assistance Program (HEMAP), a program of the Pennsylvania Housing Finance
						Agency (PHFA).
CALL A COUNSELING AGENCY FOR A
						MEETING.
APPLYING FOR HEMAP MAY TEMPORARILY STOP A
						FORECLOSURE ACTION.
To apply, you must have a face-to-face meeting with a
						HEMAP-approved Consumer Credit Counseling Agency within 33 days of the date of
						this notice. This meeting is free and is the only way to apply for HEMAP. A
						list of approved Counseling Agencies is attached. A list is also available at
						http://www.phfa.org/ counseling/hemap.aspx. If after speaking with a Counseling
						Agency you have further questions about HEMAP, please call 1 (800) 342-2397.
						Individuals with hearing impairment may call 711 (RELAY).
To make sure you meet the deadline, please call a
						Counseling Agency immediately to schedule a face-to-face meeting. Keep this
						entire Act 91 Notice, including the attached Account Summary, and have it
						available for your face-to-face meeting, whether done in person or remotely. A
						counselor can:
* Help you apply for HEMAP and explain how the program
						works.
* Talk with your lender about a loan modification or
						other repayment plan.
* Explain possible options to avoid foreclosure such as
						loss mitigation, refinancing your loan, selling or transferring your property
						to a third party or having a third party cure the delinquency on your behalf
						through a short sale or assumption of mortgage.
* Provide referrals for other assistance, programs or
						services.
* Explain other rights you may have, including your right
						to assert the nonexistence of the debt and any other defenses you may
						have.
Even if you miss the deadline, you may still apply for
						HEMAP, but a late HEMAP application will not stop your lender from foreclosing.
						However, if your application is approved, a HEMAP assistance loan will bring
						your mortgage current and stop the foreclosure. HEMAP may also temporarily help
						you make future mortgage payments.
Alternatively, you may save your home from foreclosure by
						curing your default. That means paying your lender all amounts currently due,
						including reasonable late charges, attorney fees and other costs and by
						otherwise fulfilling your mortgage obligations. You may cure the default at any
						time up to one hour before a Sheriff's Sale, up to three times in any calendar
						year.
If you have filed a petition in bankruptcy, this notice
						is provided for informational purposes only and is not an attempt to collect a
						debt. If you are protected by a bankruptcy filing you may still apply for HEMAP
						assistance.
*CONSULTE AL DORSO LA TRADUCCIóN DE ESTA
						NOTIFICACIóN IMPORTANTE, O LLAME AL 1.800.342.2397.
ACT 91 NOTICE PAGE 1
Fecha: ________
Notificación sobre la Ley 91*
Act 91 Notice*
Salve a su Hogar de la Ejecución
						Hipotecaria
La presente es una notificación official sobre la
						Ley 91. Usted está recibiendo esta notificación porque la ley de
						Pennsylvania requiere que los prestamistas hipotecarios la envíen a los
						propietarios de viviendas que se encuentren enfrentando una ejecución
						hipotecaria. Este aviso contiene información legal importante acerca de
						sus derechos y de lo que puede hacer para salvar su hogar.
ES POSIBLE QUE
						SEA ELEGIBLE PARA OBTENER AYUDA CON FON-DOS ESTATALES
del Programa de
						Asistencia de Emergencia Hipotecaria para Dueños de Hogares (HEMAP, por
						sus siglas en inglés), un programa de la Agen-cia de Financiamiento de
						Hogares de Pennsylvania (PHFA, por sus siglas en inglés).
LLAME A UNA AGENCIA DE ASESORAMIENTO PARA CONCERTAR
						UNA REUNIóN. LA SOLICITUD PARA EL HEMAP PUEDE DETENER DE FORMA
						TEMPORARIA LA EJECUCIóN DE UNA HIPOTECA.
Para presentar su solicitud, debe celebrar una
						reunión presencial con una Agencía de Asesoría Crediticia
						para el Consumidor aprobada por el HEMAP, antes de que transcurran 33
						días, a partir de la fecha de esta notificación. Esta
						reunión es gratuita y es la única manera de solicitar el HEMAP.
						Se adjunta una lista de Agencias de Asesoría aprobadas. También
						puede encontrar una lista en http://www.phfa.org/counseling/hemap.aspx. Si
						luego de hablar con una Agencia de Asesoria tiene alguna pregunta sobre el
						HEMAP, por favor llame al 1 (800) 342-2397. Las personas con discapacidades
						auditivas pueden llamar al 711 (RELé).
Con el fin de asegurar que cumpla con el plazo, por favor
						llame a una Agencia de Asesoría y programe una reunión presencial
						de inmediato. Conserve esta Notificación sobre la Ley 91, con el Resumen
						de Cuenta adjunto, y téngalo disponible para su reunión
						presencial, ya sea en persona o de forma remota. Un asesor puede:
* Ayudarlo a presentar su solicitud al HEMAP y explicarle
						cómo funciona el programa.
* Hablar con su prestamista acerca de una
						modificación del préstamo u otro plan de pago.
* Explicarle las opciones posibles para evitar la
						ejecución de la hipoteca, como la mitigación de pérdidas,
						la refinanciación del préstamo, la venta o transferencia de su
						propiedad a un tercero, o que un tercero pague el atraso en su nombre, a
						través de una venta al descubierto o asumiendo la hipoteca.
* Derivarlo a otro tipo de asistencia, programa o
						servicio.
* Explicarle otros derechos que pueda tener, incluido su
						derecho de reivindicar la no existencia de la deuda y cualquier otra defensa
						que tenga.
Incluso si no cumple con el plazo, es posible presentar
						su solicitud para el HEMAP, pero la solicitud tardía al HEMAP no
						impedirá que su prestamista ejecute la hipoteca. Sin embargo, si se
						aprueba su solicitud, el préstamo de ayuda del HEMAP pondrá su
						hipoteca al día y detendrá la ejecución. El HEMAP
						tam-bién puede ayudarlo, de manera temporal, a realizar los pagos de
						hipoteca futuros.
También puede optar por la alternativa de subsanar
						el incumplimiento para salvar a su hogar de la ejecución hipotecaria.
						Eso significa pagarle a su prestamista todos los montos adeudados a la
						actualidad, incluidos los cargos moratorios, los honorarios de abogados y otros
						costos razonables, y cumplir con sus obligaciones hipotecarias. Puede subsanar
						el incumplimiento en cualquier momento, hasta una hora antes de la subasta
						judicial, un máximo de tres veces por cada año
						calen-dario.
Si usted ha presentado una solicitud de quiebra, esta
						notificación se proporciona solo con fines informativos y no es un
						intento de cobrar una deuda. Usted puede solicitar la ayuda del HEMAP, incluso
						si está protegido por una declaración de quiebra.
*SEE REVERSE SIDE FOR TRANSLATION OF THIS IMPORTANT
						NOTICE OR CALL 1.800.342.2397. (10 POINT FONT)
ACT 91 NOTICE PAGE 2
Fecha: _________
ACT 91 NOTICE (12 point font, bold)
Account Summary (12 point font, bold)
Your Loan Details:
(16 Point Font,
						Bold)1
Name(s) on Account: (12 Point
									 Font)2
[Name(s)] The name(s) of the homeowner(s) and
									 any other name appearing on the account; if the notice is being provided to
									 additional parties not appearing on the account, the names of the additional
									 parties shall be included under the names of the homeowner and other names
									 appearing on the account.
(12 Point
									 Font)3
Address of Mortgaged Property:
[Address] The address of the mortgaged
									 property.
[Address]
Account Number:
[Account Number] The account number used by the
									 mortgagee to reference the homeowner's account.
1 All Table headings shall
						appear in 16 poit font, bold.
2 All Field headings shall
						appear in 12 point font.
3 All account information
						shall appear in 12 point font unless otherwise indicated
How to Contact Your Lender:
Current Lender or Servicer:
[Lender or Servicer Name] The name of the
									 current Lender/Servicer for the account.
Lender or Servicer Address:
[Address] The address of the current
									 Lender/Servicer [Address] for the account.
Lender or Servicer Phone
									 Number:
[Phone Number] The general phone number for the
									 Lender/Servicer (i.e., a 1(800) number).
Contact Person:
[Name] The name of a contact person at Lender/
									 Servicer for the account.
Phone Number:
[Phone Number] The direct phone number for the
									 contact person for the account.
Fax Number:
[Fax Number] The fax number for the contact
									 person for the account.
Email:
[Email Address] The email address for the
									 contact person for the account.
Default Information:
Monthly Payments Missed:
[Months missed e.g., Jan. 2014-August
									 2014]
Total Amount Past
Due:
$[amount(s)]
4;
									 itemize and describe;
*Please be aware that fees and costs may
									 continue to accrue through the duration of the delinquency.
An
									 itemization.
all amounts necessary to cure the delinquency,
									 including fees and costs. Language regarding the continued accrual of fees
									 should appear at the end of the itemization.
ACT 91 NOTICE PAGE 3
4 All amounts listed in this
						field shall appear in 12 point font, bold. The itemization and description of
						the amounts shall not appear in bold.
How to Cure the Default:
Within 30 Days of the Date on This
									 Notice:
Pay
$[amount]
5, plus any payment and other
									 charges that have become due to your lender or servicer by cash, cashier's
									 check, certified check or other means acceptable to both parties.
Send Payment and
Make Payable to:
[Lender or Servicer Name]Lender/Servicer name
									 and [Address]address where the Lender/Servicer receives
									 [Address]payment.
To Cure "Other Default":
[describe]Action homeowner must take to remedy
									 a default other than a financial default.
Is the Mortgage Assumable
Language indicating whether the mortgage is
									 assumable. If the mortgage is assumable, the text in this box should read,
									 "Yes, you may sell or transfer your home to a buyer or transferee who will
									 assume the mortgage debt, if all the outstanding payments, charges and
									 attorneys fees and costs are paid prior to or at the sale and if the other
									 requirements of the mortgage are satisfied." If the mortgage is not assumable,
									 the text in this box should read "No" only. If the mortgage is not assumable
									 under the terms of the contract, but the Lender is willing to discuss the
									 possibility of allowing an assumption of the mortgage, the text in this box
									 should read "No, but please contact your Lender to discuss your
									 options."
ACT 91 NOTICE PAGE 4
5 All amounts listed in this field
						shall appear in 12 point font, bold.
This appendix cited in 12 Pa. Code §
													31.201 (relating to definitions);
						  12 Pa. Code §
													31.202 (relating to eligibility
						  for mortgage loan assistance); and 12 Pa. Code §
													31.203 (relating to
						  procedures).