Banker’s Portfolio Successfully Processes over $10 Billion of Loans Through its Hope for Homeowners Batch Decisioning Engine

IRVINE, Calif.--(EON: Enhanced Online News)--Banker’s Portfolio’s proprietary Hope for Homeowners (H4H) batch decisioning engine identifies borrowers that qualify for the H4H product within a portfolio of loans.

“Banker’s Portfolio approves Lender Partners who meet the required profile to receive the pre-qualified, incoming leads. There is no cost for the leads but the Lender Partner must execute an agreement that in part covers: customer care, closing costs, pricing and 60 day rolling capacity levels.”

Some of the key results that are provided for each borrower are: H4H maximum loan amount, estimated net proceeds and a foreclosure comparison. These results assist the existing mortgage holder in determining if the H4H refinance is a viable exit strategy.

“Following the portfolio decisioning, the existing mortgage holder directs pre-qualified borrowers to one of the approved Lender Partners for loan processing and closing,” explained Mr. Harrison, the Director of Business Development for Banker’s Portfolio.

Mr. Harrison continued, “Banker’s Portfolio approves Lender Partners who meet the required profile to receive the pre-qualified, incoming leads. There is no cost for the leads but the Lender Partner must execute an agreement that in part covers: customer care, closing costs, pricing and 60 day rolling capacity levels.”

Banker’s Portfolio, LLC secured a forward commitment for the purchase of the H4H securities and has been filling that commitment by entering into agreements with existing mortgage holders to provide a turnkey, outsourced H4H solution. The Lender Partners are provided access to the forward commitment prior to the H4H originations to insure liquidity and execution.

The H4H refinance provides a solution for delinquent and non-delinquent borrowers to refinance and gain equity since the new loan amount is based on the home’s current value. To participate, the existing mortgage holder must reduce the principal to 96.5% of the home’s current value for delinquent borrowers and 105% for non-delinquent borrowers. Interested borrowers should contact their existing mortgage holder to determine if they offer the H4H solution.

Existing Mortgage Holders and potential Lender Partners that wish to explore participation in Banker’s Portfolio’s H4H solution can email [e-mail].

About Banker's Portfolio

Headquartered in Irvine, California, Banker's Portfolio is an innovative solution provider for the accelerated resolution of distressed and non-distressed assets. For additional information about the company and its solutions, please visit our website at www.bankersportfolio.com.