Starting in early 2019, lenders will have to disclose much more detailed information to regulators about mortgage loans. The Consumer Financial Protection Bureau (CFBP) on Thursday finalized an 800-page rule that expands the reporting requirements under the Home Mortgage Disclosure Act (HMDA). The new rule will add several more data points that will need to be…
It’s a dream for many Latino families to own a home. But with the more economic and labor uncertainties, keeping a home can be difficult at times. According to a study by the National Association of Hispanic Real Estate Professionals (NAHREP) Latinos achieved modest gains in net new owner households in 2014. The rate of…
Banks announcement to lend billions to hispanics impacts everyone. Click on the image to watch the video. Watch Video
Wells Fargo prestará 125 mil millones a los hispanos Click on the image below to watch the video on the Telemundo Atlanta website. View Video
It’s not just about immigration Gary Acosta September 28, 2015 In multiple surveys, Hispanics rank homeownership as the primary evidence of success and the ultimate realization of the American Dream. While the presidential election is more than a year away, the subject of housing has yet to be addressed by most of the…
Hispanic women are upbeat about housing and they’re becoming among the fastest home-buying demographic. Sixty-one percent of Hispanic women say they’ll play a larger role than their partner in their next home purchase, particularly when it comes to researching homes to visit, looking at communities or neighborhoods, deciding which home to purchase, and researching the…
The Hispanic population has become a catalyst for the U.S. housing market, and new data released recently by Better Homes and Gardens® Real Estate and the National Association of Hispanic Real Estate Professionals® (NAHREP) shows that Hispanic women, in particular, are essential to unlocking this buying power, based on their perceived roles within the household.…
According to new research, 91 percent of Hispanic women, deemed “the New Power Buyer,” believe that purchasing a home is the best financial investment that a person can make, and they’re making strides toward acquiring their desired homes. Better Homes and Gardens Real Estate and the National Association of Hispanic Real Estate Professionals (NAHREP) conducted…
Works with NAHREP to triple Hispanic household wealth Wells Fargo Home Mortgage (WFC) aims to originate $125 billion over the next 10 years in order to assist in theNational Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project, which seeks to triple Hispanic household wealth over the next decade. The lender also set a goal to…
Wells Fargo said Tuesday that it wants to extend $125 billion in home mortgages to America’s Hispanic community over the next 10 years. The San Francisco-based bank also said it plans to boost the number of Hispanics working with customers in its mortgage unit. Such multibillion-dollar lending pledges, which first emerged in the 1990s to…