Review Mortgage Lenders

Access Mortgage

Address: 9498 SW Barbur Blvd Portland, OR 97219
Access Mortgage in Portland, OR is a private company categorized under Mortgages. Current estimates show this company has an annual revenue of unknown and employs a staff of approximately 1 to 4.
Products or Services: Bad Credit Debt Consolidation Loans, Home Mortgage Refinance Loan, Home Equity Line Of Credit Calculator, Mortgage Loan Rates and Online Mortgage Information.

Broadview Community Access - Affordable Mortgage Program

The Broadview Community Access Homebuyer Mortgage Program is an Affordable Lending program created with the specific purpose of helping valued ...

FHFA seeks to improve access to credit for borrowers with limited English proficiency

This request for input stated that it seeks to start that process to learn more about the procedures and tools that originators, servicers, and other parties in the mortgage lending process presently employ to assist LEP borrowers.

LEP borrowers are individuals who have a limited ability, or no ability, to read, speak, write, or understand English. And individuals who are able to read, speak, write, and understand English but prefer to communicate in a language other than English are referred to as preferred language or PL borrowers.

The FHFA noted it believes that addressing issues related to LEP borrowers will typically benefit PL borrowers as well.

All input should be submitted by July 10, 2017. From here, the FHFA aims to develop a multi-year plan appropriate for the enterprises to support improved access.

And while the FHFA added that the enterprises, mortgage industry participants, and other government agencies have taken meaningful steps to address this issue, it is seeking input on actions the enterprises could take, appropriate to their role as secondary market participants.

FHFA: Solving Complications in Mortgage English Proficiency

The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) Thursday for problems qualified Limited English Proficiency (LEP) borrowers face during the mortgage life cycle process. Per FHFA’s 2017 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions , the Enterprises must identify major challenges for LEP borrowers in accessing mortgage credit, analyzing potential solutions, and developing a multiyear plan appropriate for the Enterprises to support improved access.

FHFA looks to learn more about the procedures and tools that loan originators, servicers, and other parties in the mortgage lending process currently utilize to assist LEP borrowers through this RFI. They would like to identify the existing requirements, including laws and regulations that guide practices for interacting with LEP borrowers and to better understand the challenges in effectively serving this population.

How do you access mortgage insurance if you are unable to make a payment?

I may not have a clear understanding of how mortgage insurance works. can anyone clarify?

You don't! While you do pay, it is to protect the lenders position not yours! If they have to file bankruptcy. The insurance helps them not you! Now to address the real issues. If you can't pay and have a good reason...