TITLE

Helping Homeowners Get Lower Mortgage Payments

AUTHOR(S)
Nemeroff, Evan
PUB. DATE
August 2011
SOURCE
Mortgage Servicing News;Aug2011, Vol. 15 Issue 8, p23
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the web-based tool called Hope Loanport developed by the Hope Now Alliance to provide support to distressed borrowers when filling out a loan modification application in the U.S. The said tool aims to help streamline the loan modification process to assist homeowners receive quicker approval from a service regarding reducing their monthly mortgage payments. The tool is also used by state housing financing agencies on behalf of homeowners.
ACCESSION #
63191810

 

Related Articles

  • Servicer Workout Tally Reaches 2.3 Million. Cornwell, Ted // Mortgage Servicing News;Nov2008, Vol. 12 Issue 10, p14 

    The article offers information on the mortgage servicer workout tally released by Hope Now Alliance in the U.S. According to the author, the alliance reports that a total of 2.3 million foreclosures are being prevented during the past 14 months through repayment plans, loan modifications and...

  • Hope Now: Modified Loans Perform Consistently.  // Mortgage Servicing News;Jul2011, Vol. 15 Issue 7, p11 

    The article reports on the affirmation of Hope Now Alliance regarding the stable performance of the proprietary loan modifications for homeowners in the U.S.

  • Building a BETTER MOUSE TRAP. McWilliams, Charlyne H. // Mortgage Banking;Aug2010, Vol. 70 Issue 11, p38 

    The article offers information on the technologies used on improving the loan modification processes in Washington. It refers to Indysoft Corp.'s RxOffice� platform, a software which enables mortgage loan servicers to have online interface on mortgage assistance. Indysoft became the...

  • NEWS BRIEFS.  // National Mortgage News;9/6/2010, Vol. 34 Issue 48, p6 

    The article offers news briefs related to mortgage industry in the U.S. Hope Now Alliance notes that 120,350 proprietary loan modifications were completed by mortgage servicers in July and 367,780 permanent modifications under the Home Affordable Mortgage Program. Primary Mortgage Market Survey...

  • The Business of HOPE. deZube, Dona // Mortgage Banking;Feb2009, Vol. 69 Issue 5, p18 

    The article reports on the success of HOPE NOW Alliance, an alliance of mortgage servicers, housing counselors, securities investors and others in helping mortgage borrowers avoid foreclosure in the U.S. The alliance upgraded its own analytical models and is collecting and analyzing loan-level...

  • HOPE NOW helps 1.7 million borrowers, rolls out new guidance.  // Mortgage Banking;Aug2008, Vol. 68 Issue 11, p12 

    The article reports that the private sector, government-approved HOPE NOW Alliance has helped facilitate some 1.7 million loan workouts since July 2007 and rolled out new guidance designed to speed help homeowners who are facing foreclosure in the U.S. The number released by HOPE NOW indicates...

  • Hope Now Aims to Double Loan Mods. Hopkins, Cheyenne // American Banker;12/23/2008, Vol. 173 Issue 246, p20 

    The article reports on a December 2008 announcement from the Hope Now Alliance of servicers and lenders. In the announcement the company indicated that it planned to double its mortgage loan modifications in 2009 and develop new outreach efforts and enhanced loan level reporting. The firm's 2008...

  • Improving the Customer Experience in Servicing. Schwartz, Faith // National Mortgage News;8/15/2011, Vol. 35 Issue 45, p4 

    In this article the author offers views on how Hope Now Alliance is demonstrating the importance of improving the customer experience in mortgage servicing in the U.S. She maintains that Hope Now Alliance has been initiating outreach events in different cities around the country since 2008,...

  • Mortgage Servicers: The Industry's Unsung Heroes. Golden, John // Mortgage Banking;Aug2008, Vol. 68 Issue 11, p108 

    The article reports on several mortgage servicers which help homeowners stay in their homes and avoid foreclosure in the U.S. It states that HOPE NOW Alliance have helped an estimated 1.7 million homeowners and avoid foreclosure since July 2007. While CampusMBA's training partnership with...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics