US Banks Urged to Heed Lending Risks with Translation Services

in News, News

Financial think-tank Americans for Financial Reform have released an important report detailing the risks and liabilities of US mortgage lenders who do not cater for the language needs of their non-Anglophone customers. The arguments in favour of a strategy shift towards a more diversified language offering in mortgage dealings are quite compelling and, as it turns out, may be legally binding. TT explores further.