October 10, 2014

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

In this edition:

Industry trailblazers to discuss Hispanic wealth at townhall
Focusing on Greatness
The Chapter Insider

NAHREP Event Calendar

Oct 12 - 14, 2014
2014 NAHREP National Convention & Latin Music Festival
JW Marriott at LA Live

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NAHREP Sponsors

Contact NAHREP


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

Tel: (858) 622-9046
Fax: (619) 864-1090

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


Industry trailblazers to discuss Hispanic wealth at townhall

Industry trailblazers to discuss Hispanic wealth at townhall

Latino political leader and housing veteran Henry Cisneros, founder & chairman of CityView, will be joined on stage at the 2014 NAHREP National Convention & Latin Music Festival at the Hispanic Wealth Project Townhall by 41st Mayor of Los Angeles, Antonio Villaraigosa, financial expert Julie Stav, and 2014 NAHREP President, Jason Madiedo, to discuss the NAHREP Hispanic Wealth Project Initiative. They will reveal initiatives designed to promote small business growth and new opportunities to build wealth for Latino entrepreneurs. The association will also release the Hispanic Wealth Project Initiative Approach exclusively at the convention, a guide to the ambitious ten-year plan to triple Hispanic household wealth. For complete program details visit http://www.nahrep.org/convention

Focusing on Greatness
By: Bill Emerson, CEO, Quicken Loans

The status quo is a dangerous thing. People become complacent and stop pushing themselves to be creative and innovative. My Penn State football coach Joe Paterno used to say "every day when you wake up YOU get to choose whether you will be better or whether you will be worse because you can never stay the same." His words still ring true today - the world will not stop advancing to wait for your complacency. You have to push yourself every day. Find the little things, the inches that will make the difference for you in your business and your life.

At Quicken Loans, we focus on giving our clients the best experience they can find anywhere. We look for every inch that will move us miles past good, to achieve great. "Good enough" is never good enough. "Good enough" is the enemy of great!

We ask all of our team members to keep a high level of awareness of the things they, and their teams, could do better. That is the only way to achieve exponential growth - having all of our team members make themselves, and our company, better every day. And it works - our team members have given us brilliant technology, and processes just by asking: 'how can we be better? What is missing?'

It's all about focus. What you focus on you find. What you focus on grows. What you focus on you become. So, what do you want to become? If you want to be great, think about what you can focus on to give your clients the best experience possible. You will see it when you believe it.

What can you focus on to keep your clients coming back? After more than 12 years at the helm of Quicken Loans, I can tell you one thing - it's not obsessing about the bottom line because numbers and money follow they do not lead! It's about how you work as a team. It's how you treat your clients and each other. It's your dedication to be the greatest version of you possible. When you focus your energy on these truths, your bottom line will take care of itself.

Bill Emerson
Bill Emerson is CEO of Quicken Loans, the nation's second largest retail mortgage lender. He will be speaking at the NAHREP National Convention CEO Townhall on Tuesday, October 14 at 9:00 a.m.

Industry Update

In January, Federal Housing Finance Agency (FHFA) Director Mel Watt suspended the implementation of guarantee fee (g-fee) changes that Fannie Mae and Freddie Mac charge lenders. Instead, FHFA issued a request in early June for input regarding g-fee policies, and related impact to mortgage credit availability. NAHREP saw this as a necessary moment to weigh in on the potential impact to Hispanic and other underserved borrowers and submitted comments on proposed changes to the FHFA. Read the letter here.

Hispanics will account for an impressive 7 million of the nation's 17 million new households between 2010 and 2025, making access to affordable mortgages for this population critical to the health of the entire housing market. First time homebuyers are critical to the stability of the overall housing market. G-fees should protect taxpayers but not be used to inflate the profits at the GSE's. NAHREP's letter urged FHFA to first consider the effect that any policy change has on affordability and access to minorities and first time buyers.

The Chapter Insider

Facebook: Visuals to Virality
Any savvy business knows that Facebook is a marketing must to stay current and top of mind. Luckily, our Chapters across the country know this and use Facebook almost every day! Here are some tips just in time for the Convention on one fun and engaging aspect of Facebook: photos!

  1. Post your event photos. Posting your photos to the Chapter Facebook page is a must. It lets members know the Chapter is active and every event is a smash hit! Seeing is believing; it will prompt them to attend the next event!

  2. Send photos to National. Believe it or not, National wants to share your photos on the National Facebook page! This way, any prospective sponsor, potential members, and already engaged members in different cities can see the amazing events our Chapters across the country hold every week! By sharing event photos with your Chapter Program Manager or the Communications department at National at the time of your event, the organization is properly represented as the national organization we are.

  3. Make it personal. Show your Chapter's personality through the photos! Take photos of your Board of Directors at your next meeting, showcase a new member every month, or show your local city pride! Your Facebook friends want a glimpse into your Chapter's personality, so let it show through pictures!

All my best,

Leah Nolan

Operations Director