FHFA launches resources for lenders serving Spanish-speaking borrowers

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Home Mortgage News Flipping homes for big profits is getting harder in Tampa Bay.. Flipping homes for big profits is getting harder in Tampa Bay. By. heebeha – December 15, 2017. 0. 432. Facebook. Twitter. Google+.. FHFA launches resources for lenders serving Spanish-speaking borrowers.

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FHFA launches resources for lenders serving Spanish-speaking borrowers The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae have collaborated to launch a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors and other real estate professionals in serving limited english proficient (lep.

McHenry Questions FHFA Director Watt Joint Statement: Public Interest groups applaud fhfa Move to. – The clearinghouse is a valuable resource that will improve the homeownership experience for Limited English Proficient (LEP) borrowers by making available all in-language resources in one centralized place, including translated loan documents, glossaries, and other educational materials. The clearinghouse will be helpful to lenders, housing counselors, attorneys, and other advocates assisting.

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.

House sales are picking up across most of the country, the plunge in prices is slowing and attempts by lenders. the amount borrowers owe in order to make a loan modification affordable for.

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FOR IMMEDIATE RELEASE: Oct. 16, 2018 CONTACTS: Carter Dougherty, Americans for Financial Reform, carter@ourfinancialsecurity.org, (202) 251-6700 Jan Kruse, jkruse@nclc.org, (617) 542-8010 public Interest Groups Applaud FHFA Move to Expand Resources for LEP Borrowers (Leer en Espaol) WASHINGTON, D.C.-

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