Whether communicating in English or another language, using accurate and consistent terminology can improve the mortgage process for all parties involved. The Consumer Financial Protection Bureau, FHFA, Fannie Mae, and Freddie Mac have collaborated to create standardized glossaries in Spanish and traditional Chinese. Glossaries in Vietnamese, Korean, and Tagalog are now available.
The Consumer Financial Protection Bureau's Glossaries of English-Spanish and English-Chinese Financial Terms are also available at the Consumer Financial Protection Bureau website.
| English | Translated Glossary |
|---|---|
| FCS (Federal Coordination and Compliance Section) | FCS (Sección Federal de Coordinación y Cumplimiento) |
| FDCPA (Fair Debt Collection Practices Act) | Ley de Prácticas Justas en el Cobro de Deudas (FDCPA, por sus siglas en inglés) |
| FDIC (Federal Deposit Insurance Corporation) | Corporación Federal de Seguro de Depósitos (FDIC, por sus siglas en inglés) |
| FDIC insurance | Seguro de la Corporación Federal de Seguro de Depósitos, seguro FDIC |
| FDIC-Insured Institution | Institución asegurada por la FDIC |
LEGAL DISCLAIMER
This Mortgage Translations clearinghouse is intended to serve as a resource for institutions serving consumers with limited proficiency in English. The material presented is for informational purposes only. FHFA is not liable for any inaccuracies in translated materials or misunderstandings due to language usage or dialect. The Mortgage Translations clearinghouse may include material created by parties other than FHFA. While the Mortgage Translations clearinghouse provides a centralized location for relevant materials and information, FHFA does not endorse or guarantee the accuracy of any such third-party materials and information. Recent updates to third-party materials and information may not be reflected immediately on the Mortgage Translations clearinghouse.
Last updated: December 2, 2022