by Peter Thomas Ricci The numbers could not be clearer: Hispanics will play a greater and greater role in the U.S. housing market. hispanic-homeownership-housing-nahrep-latino-us-economy Hispanics are growing in prominence in the United States, and in few areas will they have a more pronounced impact than housing. That was the main finding of “The 2014 State…
by CHRISS W. STREET According to the California Realtors’ home ownership affordability report, only 28 percent of Los Angeles residents can afford to buy a home in Los Angeles, due to the combination of low inventory and the fact that the Dodd-Frank Consumer Protection Act made it much harder for immigrants and first-time buyers to…
A diverse group of housing industry stakeholders participated in a credit access symposium recently to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association of REALTORS®, the Asian Real Estate…
Former NAHREP President and real estate veteran to lead initiative for Latino wealth creation San Diego – March 31, 2015 – The National Association of Hispanic Real Estate Professionals (NAHREP) Foundation has announced the appointment of highly successful real estate entrepreneur and 2012 NAHREP president, Gerardo “Jerry” Ascencio as chair. “We are excited to have…
Berkshire Hathaway HomeServices Georgia Properties recently announced that Teresa Palacios Smith, current Vice President of Business Development for the company, was installed tonight as the new President of The National Association of Hispanic Real Estate Professionals (NAHREP). The gala event was held at the esteemed Fairmont Hotel in Washington, D.C. Among the distinguished guests were…
By AIMEE L. BROWN Mortgage Daily With recent regulatory policies and implementation deadlines taking hold, several industry conferences and workshops are geared towards helping lenders manage a successful business in the age of compliance. Appraisals, banking and reverse mortgages are among other topics being covered at upcoming events. The 2015 Housing Policy and Hispanic Lending…
The FINANCIAL — A diverse group of housing industry stakeholders participated in a credit access symposium on April 1 to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association of…
Gains in Owner Households, Jobs, Income & Education Make Latinos Homeownership-Ready and Poised to Drive First-Time Homebuyer Sales if Homes were Available SAN DIEGO/MIAMI – Hispanics lead the growth of U.S. owner households and many more are credit-ready to buy now if homes were available, according to the 2013 State of Hispanic Homeownership Report published…
WASHINGTON, April 1, 2015 /PRNewswire/ — A diverse group of housing industry stakeholders participated in a credit access symposium today to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association…
Credit accessibility continues to dog marginal homebuyers By Trey Garrison Several real estate trade groups spent Wednesday discussing the challenges that credit standards pose for access for some would-be borrowers and alternatives to traditional credit scoring. The event, co-hosted by the National Association of Realtors, the Asian Real Estate Association of America and theNational Association…