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Mortgage crisis has hit Latinos especially hard

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“California’s growing Latino population has been hit especially hard by the meltdown in the real estate market and many now are paying the price for purchasing homes with subprime mortgages that should never have been approved.

That was the conclusion reached yesterday by financing experts who addressed a homeownership conference held in Coronado that was sponsored by California’s Latino legislators.”*

Posted on: October 14th, 2007
Curation from Tomás
Filed Under: 1. Hispanic News, Real Estate, Top Stories, Your Money
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