2009-12-11bloomberg.com

A new Hope Now Alliance Web site lets Department of Housing and Urban Development (HUD)-approved housing counseling agencies in certain markets submit Making Home Affordable Modification Program (HAMP) applications on behalf of certain distressed borrowers.

A number of loan servicers are participating in the pilot program, Hope LoanPort, including American Home Mortgage Servicing, JP Morgan Chase, GMAC Financial Services, SunTrust, PNC Mortgage and Saxon Mortgage.



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