FHFA to Make Supplemental Consumer Information Form Mandatory
Industry Update
May 3, 2022
Source: ABA Banking Journal
Fannie Mae and Freddie Mac will now require lenders to use the Supplemental Consumer Information Form, which collects information about the borrower’s language preference, if any, as well as information on any homebuyer education or housing counseling the borrower received, the Federal Housing Finance Agency announced.
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