FHFA launches resources for lenders serving Spanish-speaking borrowers
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LEP borrowers make up a growing share of today's mortgage market – a trend that is. continue in the coming decades – and lenders and other mortgage market participants are in need of tools to help them serve these consumers.. The first phase of the launch consists of Spanish-language documents.
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FHFA, GSEs Launch Translated Resources for Limited English. serving Central Oregon and California's. Central Coast. speak via telephone, a direction to use a. clearinghouse of resources to assist lenders, borrowers to understand and participate in. lish- and Spanish-language versions of the.
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Wall Street firms increasingly buying loans. launch of its Non-Delegated Channel. "As a Non-Delegated Correspondent client, you will have access to AmeriHome’s Agency, Government and Core Jumbo.
given the high quality of the loans that are being produced,” Kittle added. “However, what is needed is a stated housing policy. One that supports a grossly under-funded and under-staffed Ginnie Mae,
This new tool demonstrates FHFA’s commitment to fair lending and will serve as an invaluable resource for limited english proficient borrowers and their advocates both in the home purchasing process and in the sometimes complicated loss mitigation process.
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FOR IMMEDIATE RELEASE: Oct. 16, 2018 CONTACTS: Carter Dougherty, Americans for Financial Reform, firstname.lastname@example.org, (202) 251-6700 Jan Kruse, email@example.com, (617) 542-8010 Public Interest Groups Applaud FHFA Move to Expand Resources for LEP Borrowers (Leer en Espaol) WASHINGTON, D.C.-
Home Mortgage News Freddie CEO casts doubt on FHFA capital plan. Mortgage News; Freddie CEO casts doubt on FHFA capital plan.. they buy loans from lenders and package the debt into bonds that are sold to investors with guarantees of interest and principal.. FHFA launches resources for lenders serving Spanish-speaking borrowers. October 15.
BCFP Updates Glossary of English-Spanish Financial Terms. FHFA announces reopening and second extension of comment period for LEP.
"This online resource will educate, engage and better assist LEP borrowers when shopping for a mortgage." About FHFA The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and.
The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae have announced the launch of Mortgage Translations-a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors, and other real estate professionals in serving Limited-English Proficient (LEP) borrowers.