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(c) Specialist works with client to develop an HHF action plan. <br />(d) If the Specialist reasonably believes that the client is eligible for HHF assistance, <br />then the documents and application are sent via CounselorDirect to IHCDA staff for <br />final review. These documents must include all previous notes about the client, such <br />as failed attempts to contact client, etc. The Specialist will provide the client with a <br />copy of the HHF Intake Letter, and the HHF Job Training/Education/Volunteer <br />Service Information Sheet. <br />(7) IHCDA staff will review information received and may contact Specialist for further <br />information about the client. <br />(a) The Specialist will be informed of IHCDA's decision and, if declined, will inform the <br />client and discuss all remaining options (including an out -of -home option if that was <br />not the initial desired outcome). <br />(b) If the client's application is accepted, the IHCDA Underwriter will complete and <br />send loan/closing documents to Specialist for execution at IHCDA's instructions. <br />(8) After the IHCDA Underwriter prepares the loan/closing documents and forwards them to <br />Specialist for closing, the loan will be closed by the Specialist under IHCDA's <br />instructions. Specialist will gather necessary documentation from the client to allow for <br />collection of the client's regular monthly mortgage contribution and other client <br />requirements, and the note and mortgage connected to the HHF loan will be recorded by <br />Specialist at the county's recorder's office. <br />(9) Upon termination of HHF assistance, Specialist will continue to negotiate with servicer <br />for a long-term modification of the client loan and will record all such negotiations and <br />outcomes in CounselorDirect for reporting purposes. At that time, as appropriate, the <br />Specialist may utilize IFPN or other approved funding sources to pay for these continued <br />counseling services. <br />Any counseling services described above must be provided in accordance with the standards <br />outlined in the HHF Participant Manual and in the National Industry Standards for <br />Homeownership Education and Counseling (located online at <br />http: //www. homeownershipstandards. com/Uploads/National%20Industry%2OStandards%20 <br />Code%20of%2OEthics%20and%2OConduct.pdf) (the "Standards"). <br />FEES <br />The Contractor shall submit documentation and work invoices to IHCDA for fees earned on a monthly <br />basis. If the Contractor continues to perform all responsibilities without breach of this Contract, it shall <br />be eligible for HHF fees as follows: <br />1. HHF Pre -Eligible Referral of $100: The Contractor shall be eligible to receive a referral fee of <br />$100 if the Contractor accepts a client referral who has been determined to be a "pass" in the <br />CounselorDirect system or is a Walk-in Client. <br />2. Complete Application Submission fee of $275: The Contractor shall be eligible to receive a fee <br />of $275 if the Contractor assists the client through the HHF unemployment bridge loan application <br />process and the client's complete application is transferred to the IFPN staff for processing, provided <br />that the client's application has been certified complete by the IFPN staff. In cases where a <br />previously approved and funded borrower who has exited the program returns with a new hardship <br />DBF Professional Services Contract <br />Contract No. HHF-2016-024 <br />