FHFA Extends Deadline, Again, on Language Preference Question
August 11, 2017
The Federal Housing Finance Agency reopened and for the second time, extended the deadline for industry participants to offer input on improving access to credit for borrowers that aren’t proficient in English. The original deadline expired July 10, but was extended and closed on July 31. On Aug. 4, the FHFA reopened the request for input and will allow comments on additional information added to the RFI. The new deadline to submit input is Sept. 1. The regulator said it was reopening and extending the input period “to allow interested parties more time to consider additional information on issues facing qualified mortgage borrowers with Limited English Proficiency (LEP) throughout the mortgage life cycle...