Cam Melchiorre has been Hope

LoanPort’s chief executive officer

and president since September

2011 and previously served on the

organization’s board of directors

and as a member of the Executive

Committee. He has worked in the

mortgage industry for more than 25 years, holding a variety

of executive positions.

To provide our customers and stakeholders with more infor-

mation and insight about Hope LoanPort, Cam answers

five important questions about the organization:

Why did you decide to become CEO for

Hope LoanPort?

At the height of the foreclosure crisis, our industry needed

new solutions to help stem the losses among servicers

and save homes for millions of people across the nation.

I’ve been with Hope LoanPort since its creation, and I

believe it provides a solution that is fast, easy to use, afford-

able and reliable. I believe we offer a unique, value-added

service that will help people buy a home or sustain home-

ownership. That’s why I’m here and plan to be here for

a long time.

Hope LoanPort was founded during the mortgage

crisis. What are next steps in the organization’s

growth and development?

During our brief history, we’ve been the “go-to” technology

platform for most national housing programs and work

with servicers. We believe that our platform positions us to

provide a full range of services for the mortgage industry,

so we want to bring the features and benefits of the

platform to mortgage originators. To that end, we’ll also

work closely with HUD-approved counseling organizations

to make certain they have access to our technology and

use it to help all of their clients.

How is Hope LoanPort helping nonprofit

housing counseling organizations?

More than 1,110 HUD-approved counseling organizations

are now using Hope LoanPort, which is strong evidence

that counseling agencies see value in our service. Counsel-

ors simply need access to the Internet to become part of

our service, which will help lower their costs and improve

productivity. Since so many mortgage servicers and GSEs

use our platform, it also helps increase transparency with

servicers and provides accountability.

Can Hope LoanPort be a catalyst for

growth in the housing market?

That’s one of our primary goals. Credit is tight, yet

everyone is looking for ways to expand the market. We will

provide a new service for people with a subpar credit history

to improve their finances and qualify for homeownership.

We want to take on a leadership role in this effort.

What is your long-term objective?

Our technology provides the digital highway for all parties

involved in the mortgage industry. We have the capability to

aggregate data and help originators, servicers and coun-

selors manage the mortgage transaction to help achieve

their goals. Our goal is to facilitate every transaction in

the housing industry where we can help people own and

sustain homeownership.

Take Five is a regular feature that enables a leader in the housing sector to share valuable insight on important and emerging topics. Future “Take Five” Q&As will feature leaders from mortgage companies, counseling agencies and investors.