The Pennsylvania interim Mortgage Modification Order (IMO) is a court order that temporarily modifies the terms of an existing mortgage. The IMO allows for reduced payments while the homeowner is in foreclosure proceedings. The IMO can provide a temporary solution for homeowners struggling to make their mortgage payments on time, but also provides an incentive for the lender to negotiate a more permanent modification. There are two types of Pennsylvania interim Mortgage Modification Orders: the Standard IMO and the Voluntary IMO. The Standard IMO is a court-ordered modification that is imposed on the lender. The Voluntary IMO is a modification that is negotiated between the lender and the homeowner. Both types of MMOs provide the same basic benefits: a reduced monthly mortgage payment, an extended loan term, and a reduced interest rate. The IMO also requires the lender to accept payments from the homeowner in a timely manner, and prohibits the lender from charging late fees or other penalties. The IMO also requires the lender to provide the homeowner with a written statement of the modified terms. The Pennsylvania IMO is a valuable tool for homeowners facing foreclosure, allowing them to temporarily modify their mortgage and avoid foreclosure.