Hope LoanPort® Names Counseling Industry Veteran as Executive Vice President
BALTIMORE--(BUSINESS WIRE)--Hope LoanPort (HLP), the 501(c)(3) neutral, national, non-profit web technology today announced the addition of Mark Cole to their executive team. Cole joins HLP in the newly created role of Executive Vice President and Chief Strategy Officer.
“I believe strongly in HLP’s mission as a social enterprise providing a secure communications platform that enables all the parties to work together in a safe, transparent way that furthers their pursuit of affordable mortgage lending, foreclosure alternative relief, credit rehabilitation, and comprehensive counseling.”
“We are thrilled to have Mark join our team,” said Camillo Melchiorre, president and CEO of HLP. “His industry leadership, experience, and knowledge will have an immense impact furthering HLP’s mission in this new era of mortgage lending, servicing, and consumer-centric regulations.”
Cole is the former EVP and COO of CredAbility and has also served as a member of HLP’s board of directors. He brings over 25 years of executive leadership experience from the credit counseling and non-profit housing counseling sectors to HLP. Throughout his career, he has been active in, and led national initiatives devoted to creating better systems and solutions for consumers and the advocacy sector.
Cole will be based out of Washington, DC and lead the development of HLP’s strategic initiatives and alliances, and also represent HLP on trade associations and other industry groups.
“Consumers have historically faced significant hurdles attempting to work with servicers and lenders to attain and maintain homeownership” said Cole. “I believe strongly in HLP’s mission as a social enterprise providing a secure communications platform that enables all the parties to work together in a safe, transparent way that furthers their pursuit of affordable mortgage lending, foreclosure alternative relief, credit rehabilitation, and comprehensive counseling.”
HLP, powered by RxOffice, and a member of the HOPE NOW Alliance, is a web-based utility providing technology-based solutions that facilitate transparency, accessibility, consistency of treatment, and a superior experience to consumers and their advocates in pursuit of foreclosure alternatives and affordable home loans in underserved markets. To date, HLP has registered over 1,400 Counseling agencies, in 50 states, the District of Columbia and Puerto Rico. These counselors have access to servicers managing over 80% of the residential mortgages in the United States. For more information, please visit www.hopeloanportal.org.