Publication Date: July 2009
Publisher: National Council of La Raza
Author(s): Janis Bowdler; Timothy Sandos; Janis Bowdler; Timothy Sandos
Keywords: Hispanic population; Housing assistance; Subprime mortgages; Household income
The National Association of Hispanic Real Estate Professionals (NAHREP) and the National Council of La Raza (NCLR) released this joint report offering analysis on the impact of predatory lending practices on Hispanic homeownership and an insider’s view on ways to reduce and discourage such practices. The report’s findings and recommendations were derived from roundtable discussions with 56 NAHREP members, who are practicing mortgage professionals in six U.S. cities with high concentrations of Hispanic homeowners.