August 26, 2015


The Voice for Hispanic Real Estate® and proud champions of homeownership for the Hispanic community.

In this edition:

STATE OF THE ASSOCIATION

Former Wall Street executive turned advocate to headline second annual Latina Brunch

Top 10 Agents and Originators to receive special distinction at National Convention

Record attendance anticipated at National Convention


INDUSTRY UPDATE

NAHREP stands behind end of MSAs

Committing to diversifying the workforce

OUT AND ABOUT

NAHREP discusses homeownership with FHA Commissioner

Housing Renaissance brings together NAHREP, top housing leaders

NAHREP CEO provides guidance on Latino consumer to Silicon Valley executives

Mortgage Collaborative summer conference features 53 Million & One

Teresa Palacios Smith attends NAWRB Conference

CHAPTER INSIDER


NAHREP Event Calendar

Sep 20 - 22, 2015
2015 NAHREP National Convention & Latin Music Festival
Chicago Hilton, Chicago, IL

2015 NAHREP Housing Policy & Hispanic Lending Conference
Click for more information



NAHREP Sponsors


Contact NAHREP

NATIONAL ASSOCIATION OF HISPANIC REAL ESTATE PROFESSIONALS ®

591 Camino de la Reina, Suite 720
San Diego, CA 92108

Tel: (858) 622-9046
Fax: (619) 864-1090
http://nahrep.org/

NAHREP and the NAHREP Logo are registered trademarks of The National Association of Hispanic Real Estate Professionals®.

STATE OF THE ASSOCIATION


Julissa Arce

Former Wall Street executive turned advocate to headline second annual Latina Brunch

A former VP and director at Merrill Lynch, Julissa Arce owed her prolific career on Wall Street to fake papers she bought in a stranger's living room. Not fitting the stereotype of an undocumented immigrant, Julissa was on a fast path of success when she left her career in finance to join Define American, an immigrant's rights advocacy group. Hear her unapologetic story of unconventional success and personal fulfillment at the second annual Latina Brunch on Sunday, September 20. Reserve your spot at the highly anticipated session here.

Top 10 Agents and Originators to receive special distinction at National Convention

As recognized by NAHREP's Top 250 Awards, the top 10 Latino agents and mortgage originators from across the country will receive special acknowledgement at an award ceremony on stage at the 2015 National Convention & Latin Music Festival. Set to take place in Chicago on September 22 in General Session III, the award acknowledges the individuals for their hard work in 2014, leading them to close a combined total of 3,591 transaction sides, and 2,520 mortgages. Join in on the celebration and recognize the group for their achievements!

Record attendance anticipated at National Convention



As the National Convention & Latin Music Festival draws near, NAHREP anticipates a record-breaking convention, with over 3,000 attendees from across the country, including a number of first-time attendees from the mid-west and Chicago area. This year's headliners include world renowned speaker and coach Darren Hardy, RE/MAX CEO Dave Liniger, and Bill Emerson, CEO of Quicken Loans. In a year of many firsts, NAHREP unveils the Sabores: A Culinary Experience food event, an occasion celebrating the close of the National Convention that will feature a culinary showcase of Latin cuisine from across the country inspired by celebrity chef Douglas Rodriguez. The convention will also feature NAHREP's first dance event, the Latin Street Dance Congress. Taking place through the duration of the conference, the Latin Street Dance Congress provides an enhanced cultural experience for friends, family, and guests of NAHREP convention attendees. This special event will include dance workshops conducted by some of the best professional dancers in the world along with some of the hottest live talent in Latin music! Separate registration is required for this special event, but all NAHREP conference attendees are invited to join the festivities on Tuesday evening immediately following Sabores. Take part in this industry-changing conference at the Advance Rate of $199 before prices increase on August 1st. Click here for complete program details and registration.


INDUSTRY UPDATE

NAHREP stands behind end of MSAs
Gary Acosta, NAHREP Co-Founder & CEO, went on the record this month standing behind partner companies Prospect Mortgage and Wells Fargo and their decision to abandon the practice of using marketing services agreements (MSAs). In an op-ed in Origination News, he states that by eliminating MSAs, regulators can help reduce the cost of mortgage originations without causing further restrictions to credit availability. He goes on to emphasize that there is zero downside, particularly for consumers. Read the complete article here.

Committing to diversifying the workforce
In partnership with the Mortgage Bankers Association (MBA), NAHREP has made a commitment to diversify the workforce of the housing and lending industries to better serve the new generation of home buyers. Recognizing Hispanics as the current and still growing driver of demand in the housing industry, NAHREP works hard to ensure a culturally competent workforce in association with different companies, including NAHREP Consulting Services. Partnering with NAHREP, the MBA has developed a training program targeted to Hispanics to introduce them to the lending industry. The New York Times highlights the training program in an article out this month.


OUT & ABOUT

NAHREP discusses homeownership with FHA Commissioner



NAHREP had the honor of a visit by acting FHA Commissioner Ed Golding on August 6. In attendance was NAHREP 2014 President Jason Madiedo, Chief of Staff Marisa Calderon, Co-Founder Gary Acosta, 2012 President Jerry Ascencio, and Raul Espinosa, CBOG representative from Bay Equity. The group convened to discuss access to credit and expanding homeownership opportunities to Latinos.

Housing Renaissance brings together NAHREP, top housing leaders



On August 6 – 8, NAHREP leadership took part in the Housing Renaissance, an exclusive, invitation-only gathering of leaders in housing to meet over three days to discuss the current and future state of the industry. Representing the organization were Chief of Staff Marisa Calderon, CEO Gary Acosta, and 2012 President Jerry Ascencio, and CBOG Chairman Patty Arvielo, among sixty of the leading housing influencers in the country.

NAHREP CEO provides guidance on Latino consumer to Silicon Valley executives



NAHREP CEO Gary Acosta was invited to participate in a working group in Silicon Valley from August 12 – 14. He gave input on engaging the Latino consumer and employee at the Latino Outreach Advisory Group Summit hosted by Intuit CEO, Brad Smith. In attendance were executives from Microsoft, EBay, and Twitter.

Mortgage Collaborative summer conference features 53 Million & One

NAHREP showcased the hit performance 53 Million & One at the Mortgage Collaborative summer conference on Monday, August 10 in San Diego, California. In attendance were housing and mortgage frontrunners as well as NAHREP leadership.



First American Title Company economist Mark Fleming with NCS President Maria Zywiciel, 2014 NAHREP President Jason Madiedo, and NAHREP CEO Gary Acosta speaking on demographics and market opportunities



Jerry Ascencio performs 53 Million & One at the Mortgage Collaborative summer conference

Teresa Palacios Smith attends NAWRB Conference

NAHREP President Teresa Palacios Smith attended the National Association of Women in Real Estate Business conference from August 17 – 19 in Long Beach, California. The second annual event showcased minority women owned businesses, and gave NAHREP the opportunity to connect with leading Latinas and minorities in the real estate industry.


2015 President Teresa Palacios Smith with Stuart Ishimaru (CFPB) and Eric Howard (FHFA)


CHAPTER INSIDER


In partnership with Quicken Loans, NAHREP Greater Sacramento brought members and supporters the Slide into Home Baseball Clinic by Ripken Baseball. In an effort to give back to the community and instill positive life lessons in the youth, chapter members were encouraged to enroll their children for an afternoon of fun.


The NAHREP Atlanta annual business rally centered on success and building business on August 20. NAHREP President Teresa Palacios Smith took the stage to address her home chapter and moderate the CEO panel.


In partnership with the Montebello Housing Development Corporation and the City of Pico Rivera, NAHREP MSELA hosted a Home Expo & Housing Fair on August 15. The chapter provided attendees resources to make the home buying process easier.


The Casa Latina Expo 2015, hosted by NAHREP Los Angeles, focused on first-time homebuyers and down payment assistance. The expo on August 15 included panel discussions, educational session, and hands-on workshops.


To educate members and attendees on all things mortgage related, NAHREP El Paso hosted the Know Before You Owe Panel on August 14. The event featured round tables regarding upcoming changes in mortgage lending as well as a panel of industry experts.


On August 12, NAHREP Metro DC hosted the Transaction Tango: Mastering Your Contract Negotiations event. Panelists taught attendees how to negotiate like a pro, and the chapter recognized the local Top 250 Agents and Originators at an awards ceremony.


NAHREP Orange County held its business rally on July 23, centering on ordinary people getting extraordinary results. The packed event highlighted local business people who build their empires from the ground up.


Teresa Palacios Smith visited San Antonio on August 25 to take part in the NAHREP San Antonio business rally on August 26. She spent the afternoon with chapter leaders Sara Gerrish and Rachel Castillo and connected with the chapter members.