Formerly Hope LoanPort, HLP recently announced Mark Cole as their new President and CEO as well as member of the HLP board of directors. Cole is an industry veteran who has devoted his career to the non-profit sector.
Prior to his being named as President and CEO, Cole served as HLP’s EVP and Chief Strategy Officer since 2014. In this role, he was responsible for developing strategies to grow HLP’s platform in order to provide foreclosure and bankruptcy mediation and help government housing agencies modernize their technology. In addition to his work developing strategies, Cole also expanded HLP’s work in the advocacy sector and led the development of new digital products to help those looking for homes asses their credit quality for a mortgage loan, giving them more control over their home buying process.
“Under Mark’s leadership, HLP has expanded its platform to provide a full cycle of mortgage products for mortgage companies, government agencies and the advocacy sector,” said Faith Schwartz, HLP’s Board Chair and Co-Founder. “He is laser-focused on products and services on homeownership readiness as well as the traditional home retention loss mitigation work with the lenders and housing counseling community.”
Prior to his roles at HLP, Cole served as a senior-level executive for more than 25 years in the non-profit financial counseling sector, most recently as CEO for the nation’s second largest non-profit credit counseling agency. He succeeds Cam Malchiorre, an HLP co-founder who left after six years as CEO to become the president of IndiSoft, HLP’s technology partner.
Since HLP’s creation, they have provided foreclosure prevention and homeownership readiness solutions for more than 500,000 homeowners.