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Larry Gilmore

HOPE LoanPort Continues Its Quest for Foreclosure Prevention

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HOPE LoanPort has announced that it has now registered more than 3,000 U.S. Department of Housing & Urban Development (HUD)-certified, non-profit housing counselors in a little over a year of full operation. HOPE LoanPort currently has 3,020 counselors from more than 630 organizations in all 50 states, the District of Columbia and Puerto Rico working directly with struggling homeowners. Additionally, the tool connects to more than 800 users from 14 of the largest mortgage servicers in the country.Click to continue

Direct to Consumer Foreclosure Mediation Portal Launched in Maryland

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HOPE LoanPort, the proprietary, Web-based tool used by non-profit housing counselors, housing finance agencies, investors and major mortgage servicers, has announced that it will partner with the state of Maryland and mortgage servicer GMAC Mortgage (GMACM) on a direct-to-consumer foreclosure mediation portal.Click to continue

HOPE LoanPort Backs GSEs Servicing Guidelines Changes

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HOPE LoanPort has announced that it fully supports the new mortgage servicing guidelines recently announced by Freddie Mac. The guidelines, effective Oct. 1, 2011, are designed to improve borrower contact, standardize foreclosure timelines and improve performance management via finance incentives to mortgage servicers who deliver timely and complete home retention packages.Click to continue

HOPE LoanPort Now Live in All 50 States

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HOPE LoanPort, the proprietary, Web-based tool used by non-profit housing counselors, housing finance agencies, investors and major mortgage servicers, has announced that it has completed its first full year of operation. The non-profit organization recently added The Village Family Service Center of Fargo, North Dakota to its roster. The addition of this counseling agency now gives HOPE LoanPort coverage in all 50 states, the District of Columbia and Puerto Rico.Click to continue

HOPE LoanPort Now Live in 49 States

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HOPE LoanPort has announced that its proprietary, Web-based tool, used by non-profit housing counselors, housing finance agencies, investors and major mortgage servicers, is now assisting homeowners at risk of foreclosure in 49 states and the District of Columbia. HOPE LoanPort allows counselors submit a full application, including the upload of all homeowner documents, for home retention in a safe and secure environment.Click to continue

NID Housing Counseling Agency Partners With HOPE LoanPort to Assist Distressed Homeowners

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NID Housing Counseling Agency (NID-HCA), which has operations in 22 states, has expanded its use of HOPE LoanPort in an effort to ramp up its assistance to at-risk homeowners. NID-HCA is now requiring that all of its affiliated counselors use HOPE LoanPort as the primary tool for submitting applications for home retention to participating mortgage servicers. Additionally, NID-HCS is enhancing and expanding its efforts to train counselors on the use of HOPE LoanPort.Click to continue

NFHA Partners With HOPE LoanPort to Offer Fair Housing Training

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HOPE LoanPort and the National Fair Housing Alliance (NFHA) has announced that they will collaborate to promote fair housing for borrowers facing foreclosure. The organizations will collaborate to preserve homeownership, particularly in under-served communities, through training and outreach focused on ending discrimination. NFHA will offer fair housing training to HOPE LoanPort's network of nearly 500 U.S. Department of Housing & Urban Development (HUD)-certified counseling agencies and 15 mortgage servicers that are already committed to using the portal.Click to continue

Chase Bank Gives HOPE LoanPort $100,000 Grant to Facilitate Loan Mod Efforts

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HOPE LoanPort has announced that Chase Bank has awarded the non-profit a $100,000 grant to help facilitate mortgage loan modifications. Formed in 2009, HOPE LoanPort is a Web-based utility created to improve the execution of loan modifications. The portal is currently being used by homeowners, non-profit counselors, servicers and other organizations involved in the loan modification process.Click to continue

Wells Fargo Becomes Latest Company to Join HOPE LoanPort

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HOPE LoanPort, the Web-based housing counselor tool that streamlines submission of completed loan modification applications, has announced that Wells Fargo, one of the nation's largest mortgage servicers, has agreed to use its proprietary technology to partner with non-profit housing counselors to assist homeowners with loan modifications.Click to continue

Radian Makes $200,000 Grant to HOPE LoanPort

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Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., has announced that it has made a $200,000 grant to HOPE LoanPort, a neutral, transparent, Web-based platform at www.hopeloanportal.org to be used by borrowers, non-profit counselors, servicers, and other organizations to improve the execution of loss mitigation activities, including those under the Home Affordable Modification Program (HAMP).Click to continue