FHFA launches resources for lenders serving Spanish-speaking borrowers

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The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae together announce 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.

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FHFA launches resources for lenders serving Spanish-speaking borrowers. BankThink. OCTOBER 15, 2018. The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency. GSEs Lending mortgages fhfa fannie mae Freddie Mac CFPB

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"Freddie Mac is pleased to work with FHFA and Fannie Mae on this language access multi-year plan, as it demonstrates our commitment to help make home possible for today’s borrower and the borrower.

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FHFA, GSEs Launch Online Resource to Help Mortgage Lenders. – Recognizing that limited English proficient (LEP) borrowers make up a growing share of today’s mortgage market, the Federal Housing Finance Agency (FHFA), along with government-sponsored enterprises Fannie Mae and Freddie Mac, have launched a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors and other real estate professionals in serving LEP borrowers.

WASHINGTON – Fannie Mae, Freddie Mac and their regulator have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency. The first phase of the launch of Mortgage Translations consists of Spanish-language documents, the Federal Housing Finance Agency said in a press release.

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CFPB’s Glossary of english-spanish financial terms. spanish speaking borrowers represent one of the largest growing segments of the mortgage market. These Spanish Language Resources for Servicers can help you serve this market.

FHFA launches resources for lenders serving Spanish-speaking borrowers The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency.

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