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 | HOPE LoanPort™ |
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HOPE LoanPort™, powered by RxOffice® and developed by the HOPE
NOW Alliance, is a new web-based tool that streamlines loan modification
applications on behalf of homeowners at-risk of foreclosure, allowing housing
counselors to efficiently transmit completed applications to mortgage companies.
HOPE LoanPort™ is designed to improve the quality of both the application itself
and the ability of servicers to make decisions on that application.
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- Contacts a participating US Department of Housing & Urban
Development (HUD) approved non-profit counselor(s) in the HOPE LoanPort™ network.
- Counselor gathers all information and documentation from
homeowner and completes application through HOPE LoanPort™.
- Complete application is sent electronically to the homeowner's mortgage servicer. Documents and information cannot be lost.
- Applications are updated with current status every 10 days through HOPE LoanPort™.
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- Secure electronic submission of completed modification applications.
- Standardization of required application data elements and supporting
documents.
- Electronic verification that the servicer has received the fully
completed modification package.
- Messaging of application statuses between counselor and servicer.
- Migration away from faxes, redundant telephone calls, and lost
documents.
- Integrates seamlessly with systems in use by multiple counseling
agencies, such as CounselorMax™ and BestFIT™.
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- Open to HUD-Approved housing counseling agencies and National
Foreclosure Mitigation Counseling Program (NFMC) recipients.
- Currently 360 organizations, 1,700 counselors in 47 states, the
District of Columbia and Puerto Rico, are using HOPE Loan Port™.
- Thirteen (13) mortgage servicers are currently using HOPE
LoanPort™ - Homeward Residential, Bank of America, Bayview Loan Servicing, Chase, Citi, GMAC, Met Life®, Ocwen Loan Servicing, OneWest Bank, PNC Mortgage, Saxon Mortgage Services, SunTrust Mortgage, Inc. and Wells Fargo.
- Supported by state housing finance agencies in four states: Arizona,
Nevada, Ohio & Maryland.
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For counselors wanting to learn more about HOPE LoanPort or register for a Counselor Training Session, please e-mail information@hopeloanportal.org. Below is calendar of the upcoming training sessions. |
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| Month |
Date |
Day of Week |
Time |
Venue |
| January 2011 |
13 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 18 |
Teusday |
2:00p.m. – 4:00p.m. |
HUD HLP Counselor Training |
| 20 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 27 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| February 2011 |
3 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 10 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 17 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 24 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| March 2011 |
3 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 10 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 17 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 24 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
| 31 |
Thursday |
1:00p.m. – 3:00p.m. |
Onboarding Training |
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