Breaking News - Hope Loan Portal is being closed down, will this still be apart of the test now that the programs no longer exist.?
Diversified Resource Network formerly Councilors Corner
Hope LoanPort announced yesterday they will close their operation on December 31, 2019.
HLP was created during the housing crisis to facilitate a better connection between defaulting borrowers and their Servicers to prevent foreclosure. And it worked. Housing counselors had a tool to quickly and safely deliver required documentation to Servicers to help borrowers apply for loan workouts.
For those of you who use HLP, there are some alternatives after December 31.
Please read HLP's newsletter thoroughly for details about their decision to close and for recommended options to continue using HLP technology going forward. This is important!
Thank you for your continued dedication to helping borrowers keep their homes or exit from homeownership with dignity.
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Victor Finamore
hrrc3@housingall.org