NAHREP corporate member VantageScore to offer alternative credit scoring, could yield millions of new Latino homeowners

Industry Update, Que Pasa NAHREP

Latinos are the drivers of American homeownership growth, with new Latino households accounting for 40 percent of U.S. household growth in 2014. The most significant barrier keeping Hispanics from participating in homeownership is limited access to mortgage credit. As a response to this problem, NAHREP corporate member VantageScore Solutions introduced an alternative model to traditional…

Acosta takes part in housing summit

Out & About

NAHREP CEO Gary Acosta took part in the New Hampshire Housing Summit on October 16 alongside seven presidential candidates, including Martin O’Malley, Chris Christie, and Rand Paul. Acosta represented the association on a panel with Governor Frank Keating and Realogy CEO Alex Perriello. The panel touched on major barriers that keep Latinos? from owning homes…

NAHREP stays connected with HUD Secretary on housing issues

Out & About, Que Pasa NAHREP

On October 26, NAHREP Director of Research, Alejandro Becerra attended a Realtor.com hosted Townhall at George Washington University featuring HUD Secretary Julian Castro, Realtor.com Chief Economist Jonathan Smoke, and Wall Street Journal Economics Correspondent Nick Timiraos. While at the event, Becerra caught up with Secretary Castro and discussed alternative credit scoring systems, FHA condo rules,…

NAHREP’s Acosta says Hispanics represent major growth opportunity for mortgage industry

NAHREP In The News

The U.S. Hispanic population is projected to more than double to 120 million by 2050, studies suggest, making them the fastest-growing ethnic group in the country. Yet, the Hispanic-homeownership rate has been falling and remains below the national average by double digits. Gary Acosta, chief executive officer of the National Association of Hispanic Real Estate Professionals…