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Latino Families Scramble to Save Homes

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“Latino families have been impacted the most by the wave of high-interest mortgages, the drop in the value of homes, and mortgages that are liberally granted to families that probably shouldn’t have bought a home in the first place.

Now a group of Hispanic professionals in real estate, government agencies and non-profit organizations is trying to help Latino families deal with problems too large to face alone.

With volunteers from the National Association of Hispanic Real Estate Agents at the forefront, this coalition has begun offering clinics in Spanish to provide one-on-one help for families that have problems paying their mortgage. The workshops have been crowded to maximum capacity, with experts analyzing each family on a case-by-case basis and lawyers available to help with any irregularities.”

Posted on: October 1st, 2007
Curation from Tomás
Filed Under: 1. Hispanic News, Real Estate, Top Stories
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