Hope LoanPort in North Carolina

October, 2010                                             HOPE LoanPort™ in North Carolina   HOPE LoanPort™ Mission Statement   HOPE LoanPort™ is an independent non profit which serves as a neutral, web based industry utility to improve residential mortgage loss mitigation execution. 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.   The Value: • 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.   The Process: • A homeowner contacts a participating US Department of Housing & Urban Development (HUD) approved non-profit counselor 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. This ensures that documents and information cannot be lost. • Applications are updated with current status every 10 days through HOPE LoanPort™.   As of October 31, 2010 • Over 330 counseling agencies are using HOPE LoanPort™ to submit borrower modification applications. • Over 1,700 counselors currently have the ability to submit applications today. • 4 State housing finance agencies are signed on to HOPE LoanPort™, with others in the process of joining. • 14 Mortgage Servicing Companies are participating in HOPE LoanPort™. • Over 6,600 modification applications have been initiated for mortgage servicers on behalf of distressed borrowers, of which, over 3,800 full applications have been submitted to participating servicers.   North Carolina: Please help take action by giving your constituency the contact information for the counselor nearest to them. A list of counselors that are currently operating with HOPE LoanPort™ in North Carolina include:   Counselor Contact Name Email   Alliance Credit Counseling Brian Levy blevy@knowdebt.org   AMEZ Housing Community Development Corporation Toronya Ezell toronya@amezhousing.org   Cape Fear Regional CDC Maria Age homehelp@cfrcdc.org   CCCS of Fayetteville Tabaitha Stanley tabaitha.stanley@ccap-inc.org   CCCS of Forsyth County Kathy Banks kathy.banks@cccsforsyth.org   CCCS of Gaston County, a division of Family Service, Inc. C J Lowman clowmanatfsi@gmail.com CCCS of Greater Greensboro Sarah Hutchinson shutchinson@familyservice­piedmont.org CCCS of WNC dba OnTrack Financial Education Counseling   toml@ontrackwnc.org Charlotte-Mecklenburg Housing Partnership, Inc. William Carter  bcarter@cmhp.org Choanoke Area Development Association of NC, Inc. (CADA) Brenda S Greene bgreene@nc-cada.org Durham Affordable Housing Coalition Lorisa Seible lorisa@dahc.org Durham Regional Financial Center Glyndola Beasley glyndola@drfcenter.org Franklin-Vance-Warren Opportunity, Inc. Cathia Pope cathiapope@fvwopp.com Guilford County Homeownership Center  Marche L Clarke marche.clarke@gchcnc.org Housing Authority of City of High Point  Kristen Short kshort@hpha.net Kingdom Community Development Corp. Meredith McAllister mlmcallister@att.net Northwestern Regional Housing Authority Wilma McDaniel wmcd@nwrha.com Olive Hill Community Economic Development Corporation, Inc. Jasper W Hemphill Jr ohcedc@directus.net Prosperity Unlimited, Inc Robert Brown bob@prosperitycdc.org Raleigh Area Development Authority JamesStroud james.stroud@rada-nc.com River City Community Development Corporation Julieta  Smith julieta@rivercitycdc.org Rocky Mount Edgecombe Community Development Corporation Teisha Harrison housingcenter@embarqmail.com Salisbury Community Developement Corporation Robbie Stevens  rstev@salisburync.gov Telamon Corporation Donna Ryder dryder@telamon.org The Homeownership Center (Consumer Education Services) Leigh Lester Holmes lholmes@mycesi.org Triangle Family Services  Joseph Paradise jparadise@tfsnc.org Western Piedmont Council of Governments Sherry Long sherry.long@wpcog.org Wilson Community Improvement Association Inc Deanie Dawson ddawsonwcia@earthlink.net             NAACP Daisy Bates Education Summit 2010