How do you save your home from foreclosure? Philadelphia’s answer: communication. The city’s Mortgage Foreclosure Protection Program relies on door-to-door outreach, free counseling, and meetings between those on the brink of losing their homes and their mortgage lenders. Judges serve as mediators. Since Mayor Michael Nutter’s administration established the plan in June 2008, it has saved more than 900 home owners from foreclosure; 1,400 more are midrescue. More evidence of success: Philadelphia officials say the program inspired a provision in President Obama’s $75 billion antiforeclosure plan that calls for judges to arbitrate negotiations between lenders and home owners.
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system.
The major tech ecosystems that battle for our attention and dollars.
What’s next for hardware, software, and services.
The brave new world of automation, from AI to drones.
How our urban centers are building toward the future.
Most Creative People
See members of our Most Creative People in Business community: leaders who are shaping the future of business in creative ways.
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens.