Wave of Hispanic Buyers Shores Up U.S. Housing Market

NAHREP Co-Founder & CEO Gary Acosta is quoted in this article covering the massive role Latinxs play in growing the U.S. housing market! Read the original article at the Wall Street Journal. While Hispanics compose only 18% of the U.S. population, the group accounted for nearly 63% of new U.S. homeowner gains over the past decade, according to the National Association of Hispanic Real Estate Professionals. New homeowners include people buying first homes and those coming back into the market after a foreclosure.

Mortgage and banking groups express concern over efforts to derail an overhaul of Fannie Mae and Freddie Mac

Fifteen mortgage and banking groups expressed concern that there are efforts to derail a comprehensive overhaul of mortgage giants Fannie Mae and Freddie Mac. The groups on Thursday wrote a letter to Treasury Secretary Steven Mnuchin and Mel Watt, director of the Federal Housing Finance Agency, calling on them to help usher through bipartisan legislation in Congress…