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…
2012 President Gerardo Jerry Ascencio speaking to Buenos Dias DC on Univision with Silvana Quiroz about NAHREP
Organization aims to increase demographic’s homeownership rate by 50 percent in 10 years by Teke Wiggin In the wake of a housing downturn that pummeled Hispanic wealth, the National Association of Hispanic Real Estate Professionals (NAHREP) has released a plan for tripling the demographic’s wealth in the next 10 years… View Original Article
The Foundation of the National Association of Hispanic Real Estate Professionals (NAHREP) has released its strategy aimed at tripling U.S. Hispanic household wealth in the next 10 years, a plan NAHREP calls the Hispanic Wealth Project Blueprint. Hispanic household wealth dropped by 66 percent between 2005 and 2009, according to the Pew Hispanic Center. Median…
A new report reveals that although homeownership in the U.S. Hispanic community increased in 2014, the growth rate slowed down in respect to previous years. On Monday, the State of Hispanic Homeownership Report published a study showing that the rate of homeownership among Hispanics fell from 46.1 percent in 2013 to 45.4 percent in 2014.…
La presidenta de la Asociación de Profesionales Hispanos en Bienes Raíces (NAHREP, por sus siglas en inglés), Teresa Palacios Smith, dijo que espera incrementar el número de latinos dueños de casa como parte de un plan de diez años para triplicar la riqueza de esa comunidad. “El primer paso es aumentar en un 50 por…
The U.S. Hispanic community increased the number of homes its members owned in 2014, although the increased slowed down with respect to earlier years, according to the State of Hispanic Homeownership Report published on Monday. “Hispanics achieved modest gains in net new owner households this past year. However, the number of net homeownership gains for…
by Jacob Passy The National Association of Hispanic Real Estate Professionals has issued an industrywide call to improve access to affordable housing. Chief among NAHREP’s many goals is to pressure Fannie Mae and Freddie Mac to renew their efforts toward affordable housing, namely remove barriers for low-income Latinos, according to a press release the San…
by Jacob Passy The rate of Hispanic homeownership fell in 2014 to its lowest level since 1999, according to data released by the National Association of Hispanic Real Estate Professionals. NAHREP’s State of Hispanic Homeownership Report found that the only 45.4% of Hispanics owned a home in 2014, despite a net increase of 54,000 Hispanic-owner…