News Archives

The demand for foreclosure counseling services in Philadelphia is high, but the resources available to meet that demand are limited. The industry is heavily reliant on government funding; however, access to that money comes with a significant administrative burden. Housing counselors bear a heavy workload, which is exacerbated by bureaucratic reporting requirements. Staff training is particularly problematic: Staff turnover and stringent requirements for continued funding make it difficult for agencies to maintain a staff of counselors who have the necessary qualifications.
July 18, 2014
Foreclosure filings in the first half of 2016 decreased by 11 percent from the same period last year and 20 percent from the second half of 2015, according to RealtyTrac, an Irvine, Calif.-based company that produces housing data. But in the Philadelphia region, filings increased by 7 percent — second only to Boston (38 percent) among the 20 largest metro areas.
July 14, 2016
UAC’s Community & Economic Development (CED) team is pleased to announce the newest 2019 edition of the Foreclosure Prevention Resource Guide. In 2007, community leaders and bankers started to see troubling conditions arising from subprime mortgages. In response, CED formed a Foreclosure Prevention Task Force that led to a set of 14 recommendations to guide the City’s response to the emerging crisis. One of these recommendations was to create a guide to help professionals and homeowners understand and prevent housing foreclosure. Thanks to a generous grant from Santander Bank, CED was able to print 2,000 copies and a full PDF version can be found online for free at-home print at
February 11, 2019
While housing prices soar and foreclosures fall, credit keeps getting tighter. Find out more at Bloomberg News.
July 17, 2014
This Business Insider article underlines the nuances in a seemingly-positive national trend. Where is the foreclosure crisis happening right now? Are judicial and non-judicial states behaving improving at different rates?
July 8, 2014


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