Gary Acosta is a tall man. Speaking literally, he is six-foot-three-inches in height. Speaking figuratively, he sees eye to eye with giants. “I’ve always been attracted to people who have the capacity to unabashedly think big,” Acosta says.
This article ran as the cover story in Mortgage Compliance Magazine, discussing how focusing on diverse markets in recruiting and marketing is an economic imperative.
Co-Founder and CEO Gary Acosta teams up with Urban Institute’s Jim Parrott and Moody’s Analytics’ Mark Zandi in this Washington Post editorial calling for updated loan qualification models to better capture minorities’ ability to repay.
A broad coalition of mortgage-industry groups and lenders is calling for the Consumer Financial Protection Bureau (CFPB) to remove the debt-to-income (DTI) ratio requirement from the ability-to-repay standard for qualified mortgages.
SVP of Public Policy and Industry Relations Noerena Limón discusses with Scotsman Guide the detriment to Latino homeownership opportunities, should alternative mortgage qualification options from “the patch” expire.
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.
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…
The National Association of Hispanic Real Estate Professionals (NAHREP) has honoredPhoenix Suns Head Coach Earl Watson as this year’s recipient of the Latino Vanguard Award. The Latino Vanguard Award recognizes artists, authors and public figures who have transcended barriers in their lives and careers and whose contributions have elevated the image and quality of life…
SAN ANTONIO — For Michael Alfaro, 29, who was recently married, home is a rent-controlled Los Angeles apartment while he and his wife save for a home. For Pamela Cervera, 30, and her boyfriend, it’s a condo they purchased together in Washington. The two millennials may not know it, but both are on the front…
One of the most nerve-wracking aspects of purchasing a home is the mortgage application and approval process. Regardless of your financial history, waiting for the OK from a lender can be unsettling when you’re trying to close on that perfect home.