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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE RESOLUTION |
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| INTRODUCED BY BISHOP, McGEEHAN, DAVIS, JOSEPHS, KORTZ, MANN, M. O'BRIEN, PASHINSKI, PAYTON, READSHAW, WAGNER, SABATINA AND DERMODY, APRIL 7, 2011 |
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| REFERRED TO COMMITTEE ON JUDICIARY, APRIL 7, 2011 |
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| A CONCURRENT RESOLUTION |
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1 | Urging the Supreme Court of Pennsylvania to revise the Rules of |
2 | Civil Procedure to provide for temporary relief for mortgage |
3 | foreclosure. |
4 | WHEREAS, The mortgage foreclosure on residential housing is |
5 | causing a serious housing crisis in this Commonwealth; and |
6 | WHEREAS, The United States Department of Housing and Urban |
7 | Development is developing a "bridge-loan" program to assist |
8 | mortgagors affected by the crisis; and |
9 | WHEREAS, It is possible that a stay of foreclosures on |
10 | residential housing in the poorest areas of this Commonwealth, |
11 | pending Federal action addressing relief for impoverished |
12 | residential mortgagors, be addressed in the context of an |
13 | amendment to Pa.R.C.P. No. 3183 (relating to stay of execution |
14 | and setting aside execution); therefore be it |
15 | RESOLVED (the Senate concurring), That the General Assembly |
16 | urge the Supreme Court of Pennsylvania to amend Pa.R.C.P. No. |
17 | 3183 (relating to stay of execution and setting aside execution) |
18 | to provide for a temporary stay of execution on residential |
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1 | mortgages of impoverished mortgagors, pending implementation of |
2 | Federal action addressing relief for impoverished residential |
3 | mortgagors; and be it further |
4 | RESOLVED, That a copy of this resolution be transmitted to |
5 | the Administrative Office of Pennsylvania Courts. |
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