Posted on: February 7th, 2007
Filed Under: [ Hispanic News ] [ Press Releases ] [ Real Estate ]
Tags: foreclosure
“Mortgage “suitability” and potential new lending standards designed to protect consumers from predatory mortgage practices will be at the top of the 2007 agenda for the legislative meeting of the National Association of Hispanic Real Estate Professionals NAHREP. The 14,000-member trade association announced the line up this week for the event that will be held on March 7-10 at the JW Marriott in Washington D.C.
Chief among NAHREPs concerns is sustainable homeownership among Latinos. The recent popularity of innovative loan programs has enabled a legion of Hispanic consumers to become homeowners and has pushed the overall homeownership rate above 50%. At the same time, the trend has sparked delinquencies and foreclosures as rates on adjustable mortgages reset and payments spike. NAHREPs forum will host key figures on all sides of the issue and will explore solutions that balance accountability and consumer protections.”
Stumble it! |
|
Other posts that may interest you
New Duo to Lead The National Association of Hispanic Real Estate Professionals (NAHREP)
AL DIA Newspaper to Honor National Leader of Hispanic Real Estate Professionals
NAHREP, Wells Fargo To Co-Host Hispanic Home Buying Empowerment Seminar - Lake Buena Vista, Florida
National Real Estate Expertise from a Young, Hispanic, Woman Business Owner - Brenda Santelises
