Pennsylvania Court Enables Homeowners and Mortgage Lenders to Negotiate Loan Workouts

A Philadelphia judge continues to aid struggling homeowners by encouraging lenders to strike a deal that will prevent foreclosure. As Michelle Miller reports, every Thursday, Judge Annette Rizzo throws out traditional courthouse rules and encourages lending companies and banks to come together for a compromise. Pennsylvania mortgage lenders have gone to great lengths to help new home buyers and struggling homeowners.

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