MBA pushes to increase diversity in mortgage lending

Announces partnership with NAHREP, hosting 2nd diversity conference By Ben Lane Citing the impending shift in the country’s demographics, the Mortgage Bankers Association is taking a leadership role in preparing the mortgage industry for the future. In an exclusive interview with HousingWire, Bill Emerson, the chairman-elect of the trade group and the chief executive officer…

Mortgage Pitch to Millennials Focuses on Diversity

By Bonnie Sinnock Millennial-age workers recently outnumbered their Gen-X peers for the first time ever. But the average loan officer is 54 years old, and industry groups are taking steps to help expand outreach to the next generation of mortgage professionals. According to first-quarter data from the Pew Research Center, more than 53 million workers…

MBA, NAHREP Forge Partnership to Train and Recruit Hispanic Mortgage Bankers

WASHINGTON, D.C. – June 2, 2015 – The Mortgage Bankers Association (MBA) and the National Association of Hispanic Real Estate Professionals (NAHREP) announced today a new partnership betweenthe organizations to work together to advance NAHREP’s goal of advancing sustainable Hispanic homeownership and MBA’s goal of offering training and education to prospective and current mortgage professionals.…

NAHREP Announces Nuevo Latino Tour

The National Association of Hispanic Real Estate Professionals (NAHREP) has announced a 25-city national tour featuring 53 Million & One, a NAHREP original theatrical performance that tells the story of an immigrant from rural Mexico who comes to the U.S. and succeeds as a real estate entrepreneur to live the American dream. The Nuevo Latino…

NAHREP Releases Plan to Increase Hispanic Wealth by Two Trillion Dollars Over the next 10 Years

Plan calls for a 50 percent Hispanic homeownership rate, improvements in the success of Hispanic-owned businesses and further Hispanic participation in 401k’s and other non-cash financial assets Washington D.C. – March 31, 2015 – Today, the Foundation of the National Association of Hispanic Real Estate Professionals (NAHREP®) released its strategy aimed at tripling U.S. Hispanic…

Hispanics Eye Larger Share of Market

Hispanics will be a big driver of home sales in the next decade, as they are expected to account for 7 million of the 17 million new households formed between 2010 and 2025, according to the National Association of Hispanic Real Estate Professionals’ 2014 State of Hispanic Homeownership Report. Last year, there were 320,000 new…

Understanding the State of Hispanic Real Estate: An Interview with NAHREP President Teresa Palacios Smith

As the housing market continues to recover, more and more minority communities will enter the real estate scene. Recent studies have shown that the Hispanic community will soon represent a major segment of the homeownership market, and a newly released 2014 State of Hispanic Homeownership Report found that 320,000 new Hispanic households were formed last…