National Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project has received the support of an American multinational financial institution, which possesses a $125 billion lending goal, helping to support financial education and counseling, and triple Hispanic household wealth over 10 years. On September 15, the first day of Hispanic Heritage Month, NAHREP and Wells…
Wells Fargo Home Mortgage plans a projected $125 billion in mortgage originations and $10 million to support initiatives to promote financial education and counseling for Hispanic home buyers over the next 10 years, the company announced today. The company also wants to increase the number of Hispanic home mortgage consultants on its staff. The initiative is…
Wells Fargo has set a goal to originate $125 billion in residential mortgages to Hispanic borrowers by 2025. The San Francisco company set the goal, citing the National Association of Hispanic Real Estate Professionals’ project to triple Hispanics’ household wealth, according to a Tuesday news release. “Homeownership is a vehicle through which many people build…
DES MOINES, Iowa —Wells Fargo Home Mortgage announced Tuesday its support of the National Association of Hispanic Real Estate Professionals’ “Hispanic Wealth Project,” which seeks to triple Hispanic household wealth over the next decade. Wells Fargo announced the project includes a projected $125 billion in mortgage originations and $10 million to support initiatives to promote…
Des Moines Register exclusive: Wells Fargo Home Mortgage plans to announce a new goal Tuesday to lend $125 billion, or about 500,000 mortgages, to Hispanic households during the next decade. Wells Fargo Home Mortgage is announcing an ambitious plan to loan $125 billion to as many as 500,000 Hispanic homebuyers over the next 10 years — capitalizing on…
The bank has set a lending goal of $125 billion. DES MOINES, Iowa Wells Fargo home mortgage in Des Moines wants to give more Latinos an opportunity to become homeowners. The bank set a lending goal of $125 billion to support the National Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project. That project is trying…
The National Association of Hispanic Real Estate Professionals kicks of expanded strategy at annual convention this month By Maria Patterson Gary Acosta has an ambitious goal for his organization–one he has no doubt will be achieved. “NAHREP established a goal to double the number of Hispanics in real estate and mortgage lending over the next…
Company wants to make it easier for working-class and multigenerational households to get loans By JOE LIGHT Fannie Mae wants to make it easier for working-class and multigenerational households to get a mortgage. The mortgage-finance company said Tuesday it would roll out a program this year that lets lenders include income from nonborrowers within a…
The Radius Financial Group, a mortgage lender in Norwell, Mass., recently made a $1 million investment in its future. The outlay wasn’t for technology, marketing or even office space. Rather, the company executives decided the future well-being of Radius depends upon its ability to attract younger employees from more diverse backgrounds. So they started what…
No Doubt About It, MSAs Must Go By Gary Acosta Prospect Mortgage and Wells Fargo, and most recently, PHH, have announced decisions to abandon the practice of using marketing services agreements. These companies should only be the first wave: it is time for the practice of MSAs to end once and for all. By eliminating…