Tue March 8th, 2022
Sponsor: Rep. Sylvia Garcia — D — TX
Establishes language translation requirements related to residential mortgage applications and servicing. The Consumer Financial Protection Bureau (CFPB) must create a standard language preference form. Creditors and servicers must provide this form to consumers along with residential mortgage applications and certain notices related to a mortgage loan. Upon notice of a consumer's language preference, creditors and servi...
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