launches online tool for distressed 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. has launched a new online tool that helps them find the best options for mortgage relief based on their unique circumstances. With Freddie Mac’s new Mortgage Help Navigator, distressed.

The resource also includes a new online Spanish. counselors with tools to better assist, educate and engage LEP borrowers throughout the mortgage process.” “fannie mae is excited to partner with.

Freddie Mac is stepping out on its own and talking with institutional mortgage. Home Freddie Mac shops distressed homes to bond. launches online tool for distressed borrowers.

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"Fannie Mae is excited to partner with FHFA and Freddie Mac to launch this central source of translated documents," adds Jonathan Lawless, vice president for product development and affordable housing at Fannie Mae. "This online resource will educate, engage and better assist lep borrowers when shopping for a mortgage."

 · 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.

The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae have announced the launch of Mortgage Translations-a centralized clearinghouse of online resources. with tools to better assist.

Freddie Mac issued a release introducing a re-employment program designed to help financially distressed Freddie Mac Home Possible borrowers in Duty to Serve high-needs areas address their employment challenges and prevent potential mortgage loan delinquencies and defaults.

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