Radian boosts progress of Hispanic homeownership at NAHREP Elevate Sales Summit

Radian Guaranty was a key participant in this year’s NAHREP National Convention, co-sponsoring the Elevate Sales Summit alongside Freddie Mac. In a fireside chat opening the summit, Radian’s Senior Executive Vice President and Chief Franchise Officer Brien McMahon talked with NAHREP Co-Founder & CEO Gary Acosta about recent increases in Hispanic homeownership levels.

Bank of America’s new options address needs of Hispanic prospective homeowners, growing market

Bank of America’s recent Community Homeownership Commitment™, first introduced in April, has received positive feedback for its impact on first-time homebuyers, an audience which is increasingly comprised of Latinx consumers.
“More than 60% of U.S. Hispanics are millennials or younger, meaning they are just now aging into financial services experiences and major purchases such as homeownership,” explained 2019 NAHREP President David Acosta. Home purchases in the last decade have reflected this demographic shift, with Latinxs accounting for 63% of net U.S. homeownership growth between 2008 and 2018.