The Pennsylvania Proposed Order Terminating The Loss Mitigation Program is a document issued by the Pennsylvania Supreme Court that terminates the state’s loss mitigation program, which provides relief to homeowners in financial distress. The document outlines the court’s decision to terminate the program and the rationale behind it. The document contains the following sections: Background of the Loss Mitigation Program, Termination of the Program, and Effect of Termination. The document states that the Loss Mitigation Program was created in response to the foreclosure crisis of 2008 and was intended to help homeowners who were facing foreclosure due to financial distress. The program provided assistance in the form of court-ordered loan modifications and other relief measures. The document then outlines the court's decision to terminate the program, citing the fact that the program was no longer needed due to the improving housing market. The document also states that the court found the program to be inefficient and costly, and that the continued use of the program would be inconsistent with the state's public policy goals. The document then explains the effect of the termination of the program. It states that all pending applications for loan modifications and other relief measures will no longer be accepted or processed. It also states that the court will no longer issue orders for loan modifications or other relief measures under the program. The Pennsylvania Proposed Order Terminating The Loss Mitigation Program is available in two versions: the original version from 2009 and an updated version from 2017.