Wells Fargo awards $200,000 to USHCC Foundation
MortgageHub and USFN partnerMortgagePress.comHome retention,loss mitigation MortgageHub has partnered with USFN, to launch the Home Retention Alliance (HRA), an organization designed to provide home retention and loss mitigation services that offer borrowers and lenders alternatives to home foreclosure. Orlando-based HRA will operate an integrated, open-platform solution, to help servicers respond to the surge in defaults and foreclosures, in order to counteract the steep increase in workload and costs associated with loan workouts. Bensalem, Pa.-based MortgageHub is a Web service platform developer for the mortgage industry. For more information, call (610) 834-3800 or visit www.mortgagehub.com. Tustin, Calif.-based USFN is a national, nonprofit association of attorneys, trustee companies and associates, which provides default services to the mortgage banking industry. For more information, call (800) 635-6128 or visit www.usfn.org.