The population of homebuyers and homeowners in this nation becomes more diverse by the day. In order to serve the needs of these families and grow our communities, we as an industry must genuinely commit ourselves to a culture of inclusiveness that diversifies our workforce and business partners. Without it, we will miss the opportunity…
DISTRICT OF COLUMBIA WASHINGTON Fannie Mae announced that Hugh Frater, Renee Glover and Michael Heid have been elected to the board of directors. Heid recently retired as president of Wells Fargo Home Mortgage. In addition to serving as president of Wells Fargo Home Mortgage, he was executive vice president of Wells Fargo Home Lending, and…
The number of Latino homebuyers in the Valley is expected to grow at triple the rate of other buyers through 2020, according to report. Melissa Trujillo is part of the fastest-growing group of homebuyers in metro Phoenix. a group that is poised to drive the housing market during the next decade. Not the Millennials, though she’s nearly…
By Susan Vela ROCKFORD — Claudia Arellano’s Mexican mother had to rent a home on Rockford’s west side for years before she could purchase the residence in a struggling neighborhood. Arellano strived to do better. A 35-year-old office manager, she saw other Hispanics she knew were pursuing the American Dream, getting good jobs and buying…
Washington D.C. veteran Silvia Perez-Rathell joins organization to drive expansion Washington, D.C. – June 9, 2016 – The National Association of Hispanic Real Estate Professionals (NAHREP) announced today that Silvia Perez-Rathell has joined the organization as its chief development officer. In her new role, Perez-Rathell will lead corporate and government development efforts for the…
The NAHREP’s list to help Latinos build generational wealth The Hispanic Wealth Project is the brainchild of the The National Association of Hispanic Real Estate Professionals (NAHREP) foundation, with the goal of tripling Latino household wealth within the next decade. This project was created in response to the economic state of the Latino community after…
The National Association of Hispanic Real Estate Professionals has announced that its director of research, Alejandro Becerra, has been appointed to the U.S. Department of Housing and Urban Development’s first-ever Housing Counseling Federal Advisory Committee . HUD states that the committee, consisting of 12 individuals representing mortgage, real estate, consumer and housing sectors, will serve to…
Co-Author of NAHREP’s State of Hispanic Homeownership Report will join committee that will advise HUD on efforts to foster more informed housing consumers Washington, D.C. – June 6, 2016 – The National Association of Hispanic Real Estate Professionals (NAHREP) announced today that its director of research, Alejandro Becerra, has been appointed to the U.S. Department…
Two mortgage banking trade groups that support the so-called “recap and release” of Fannie Mae and Freddie Mac say they have not taken money from Wall Street hedge funds that have reportedly bankrolled a lobbying campaign in Washington focused on the same goals of bulking up the agencies’ capital reserves and freeing them from government…
Hispanic Wealth Project Annual Report Identifies Positive Gains in Hispanic Homeownership but White Household Wealth Remains Ten Times as much as Hispanic Wealth New York, NY – June 1, 2016 – The Hispanic Wealth Project (HWP), formerly known as the NAHREP Foundation, released its annual report (free download available at www.hispanicwealthproject.org/annual-report) revealing trends in key…