http://www.hispanictips.com Essential Hispanic & Latino News :: Relevant, Trusted, Comprehensive and Useful Tue, 24 Nov 2009 18:29:31 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://www.hispanictips.com/2009/11/20/fannie-mae-launches-new-homepath-com-in-spanish-aimed-at-helping-more-hispanics-buy-homes/ http://www.hispanictips.com/2009/11/20/fannie-mae-launches-new-homepath-com-in-spanish-aimed-at-helping-more-hispanics-buy-homes/#comments Fri, 20 Nov 2009 17:26:38 +0000 Tomas http://www.hispanictips.com/?p=68130 Fannie Mae (NYSE: FNM) announced the company launched a Spanish version of its HomePath.com website designed to help more potential homeowners who speak Spanish purchase Fannie Mae-owned properties.

The new website in Spanish mirrors the English version of HomePath.com featuring an interactive search tool of Fannie Mae-owned properties nationwide, details about HomePath(R) financing, a mortgage payment calculator, property alerts, as well as information on foreclosure prevention and the Making Home Affordable(SM) program.


Through HomePath.com, potential homeowners can access a database that includes a wide selection of homes from around the country - including the U.S. territory of Puerto Rico - which can be purchased directly from Fannie Mae. Properties include detailed information and photographs of single-family homes, condominiums, and town houses located in a variety of neighborhoods.

"HomePath.com is a great resource that can help people find a lifelong home for themselves and their families," said Fannie Mae Executive Vice President, Terry W. Edwards. "The website has a wealth of information to inform and guide potential homeowners through the process of buying a Fannie Mae-owned property."

The new release of HomePath.com in Spanish is part of a continuous effort aimed at improving access to information and resources which play a vital role in aiding both English and Spanish-speaking populations in the U.S. purchase homes, while helping minimize the impact on communities hit by foreclosures.

For more information about HomePath, please visit www.HomePath.com and click "En Espanol", or for direct access to the website in Spanish, visit www.es.HomePath.com.

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

Making Home Affordable is a trademark of the United States Department of the Treasury and is used under license. Aggregated by HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=68130 0 http://www.hispanictips.com/2009/11/10/workshops-for-latino-immigrants-focus-on-preventing-foreclosure-in-sacramento/ http://www.hispanictips.com/2009/11/10/workshops-for-latino-immigrants-focus-on-preventing-foreclosure-in-sacramento/#comments Tue, 10 Nov 2009 15:51:54 +0000 Tomas http://www.hispanictips.com/?p=66565 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=66565 0 http://www.hispanictips.com/2009/11/07/wcvi-study-finds-disproportionate-foreclosures-in-latino-black-communities/ http://www.hispanictips.com/2009/11/07/wcvi-study-finds-disproportionate-foreclosures-in-latino-black-communities/#comments Sat, 07 Nov 2009 07:22:30 +0000 Tomas http://www.hispanictips.com/?p=66326 Aggregated by HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=66326 0 http://www.hispanictips.com/2009/10/30/foreclosures-too-high-in-communities-of-color/ http://www.hispanictips.com/2009/10/30/foreclosures-too-high-in-communities-of-color/#comments Fri, 30 Oct 2009 17:44:19 +0000 Tomas http://www.hispanictips.com/?p=65572 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=65572 0 http://www.hispanictips.com/2009/10/28/nahrep-poll-latinos-still-passionate-about-homeownership/ http://www.hispanictips.com/2009/10/28/nahrep-poll-latinos-still-passionate-about-homeownership/#comments Wed, 28 Oct 2009 16:11:48 +0000 Tomas http://www.hispanictips.com/?p=65290 Fifty-four percent of Latinos that participated in a phone survey conducted on behalf of the National Association of Hispanic Real Estate Professionals (NAHREP), expressed a strong interest in homeownership and plan to buy a home in the next five years. The poll was conducted among Latino renters living in the foreclosure-ravaged markets of Las Vegas, Los Angeles, Miami and Phoenix and coincides with a national survey of Hispanic real estate professionals announced this week during its annual member convention in Las Vegas. The survey findings reinforce what many of the 16,000-member Hispanic trade group’s members report as strong consumer interest that could further fortify the first-time homebuyer market.

“Despite the losses that many families suffered in the mortgage crisis, there remains high interest in homeownership among those families that stayed on the sidelines and didn’t buy during the boom,” says Tino Diaz, chairman of NAHREP. “Our members report that the appeal of stability and personal freedoms that come with homeownership are top motivators.”
A survey of 500 NAHREP members including opinions from real estate agents mortgage professionals revealed the following:

76 percent of respondents said that stability of family ranked first or second as the primary reason why clients want to buy a home. Thirty percent said utility and the freedom to create a home that suited their personal or cultural style, was the top one and two reasons why their clients want to purchase a home;

Only 18 percent of practitioners polled viewed financial investment as the primary reason for buying a home;

50 percent of members that answered the poll said that wasting money on rent ranked first or second as the primary motivation for their clients to become homeowners;

49 percent of members said that tighter lending standards remain the biggest barrier to homeownership for their clients; while 44 percent ranked first or second the competition from cash investors as the main obstacle to homeownership for their buyers. Thirty percent of respondents ranked lack of down payment as one of the top two challenges for their buyers.

63 percent of members polled say they have six or more mortgage-ready clients that are ready to buy a home;

51 percent of those surveyed said that today’s buyers are more sensitive to purchase price and mortgage payment, more apt to want house payments that include taxes and insurance and prefer a 30-year fixed-rate loan;

65 percent of Hispanic real estate professionals that participated in the poll said that some form of consumer education would be most useful to enabling Latinos to achieve homeownership

Nearly half of the nation’s 14 million Hispanic households currently rent. If half of the renter pool follows through and is able to achieve homeownership during the next five years as they plan, the nation’s fastest growing minority group could be the next big wave of first-time buyers. Based on the median home price of $174,900, this could create more than $600 billion in home sales over the next five years, the Hispanic trade association estimates.

“An infusion of new homeowners that want to stay put and build nests for their families is exactly what the housing market needs,” said Craig Nickerson, project director for the National Community Stabilization Trust, an organization that assists local communities to acquire, rehab and sell foreclosures back to homeowners. “Once the pendulum swings back to the middle, a whole new group of buyers will be ready to buy homes. This is promising news especially for foreclosure-ravaged communities.”
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About NAHREP
The National Association of Hispanic Real Estate Professionals, a non-profit 501c6 trade association, is dedicated to increasing the homeownership rate among Latinos by educating and empowering the real estate professionals that serve them. Based in Washington D.C., NAHREP is the premier trade organization for Hispanics and has more than 16,000 members in 48 states and 62 affiliate chapters. Aggregated by HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=65290 0 http://www.hispanictips.com/2009/10/28/global-hispanic-real-estate-firm-casa-latino-executes-national-franchise-development-deal-for-u-s-expansion/ http://www.hispanictips.com/2009/10/28/global-hispanic-real-estate-firm-casa-latino-executes-national-franchise-development-deal-for-u-s-expansion/#comments Wed, 28 Oct 2009 15:20:36 +0000 Tomas http://www.hispanictips.com/?p=65242 Casa Latino Franchise Corporation, the world's largest network of Hispanic real estate offices has executed its first national development agreement with Casa Latino Global Development, LLC.

Based in Celebration, Florida, Casa Latino Global Development, LLC, (CLGD), owned and operated by Joseph and Michael La Rosa, became a franchise owner in late 2008 and quickly expanded to become an area developer for the Central Florida region. Now, less than a year later, the company has opened more than a dozen locations in Orlando and has forged an alliance with Casa Latino Franchise Corporation, the franchisor.

Speaking from Celebration, Joe La Rosa, President of Casa Latino Global Development said, "Casa Latino Franchise Corporation has tremendous faith in our abilities to help grow the brand throughout the United States. We will continue to seek out qualified real estate professionals which will prove invaluable to our ability to grow the brand."

Robb Heering, founder and CEO of Casa Latino, stated, "Our brand is doing well in many key markets despite the current economic climate. In order to continue our unprecedented growth we need to recognize the players on our team who have helped get us to this level. Joe and Mike La Rosa and their growing team of real estate professionals in central Florida have proven to us that they have what it takes to get us on the map, not only in Florida, but in many other markets as well. The newly executed agreement provides our Florida leaders to develop the entire U.S.

Effective immediately, Casa Latino Global Development will be developing teams in the following markets to sell, open and operate new Casa Latino Real Estate offices: Oklahoma City, OK, Chicago, IL, Northwest Indiana, Las Vegas, NV, Southern California and Dallas, TX.

For more information regarding the information contained in this press release, please contact Kristin Taylor at 321-939-1475 or visit our website at www.casalatino.com.

About Casa Latino Franchise Corporation:
Casa Latino was created in 2005 based upon the premise that Hispanic home buyers and sellers have unique needs based upon cultural differences and lifestyles, bolstered by the fact that those needs are not being effectively served by any other national brand. While the company serves everyone, regardless of heritage, the company's model is designed to provide superior service to a multicultural market. The company offers franchisees unprecedented culturally specific and significant back office support, training, marketing tools, advertising, coaching, and much more to ensure their success. The franchise model encourages a variety of agent compensation programs which dramatically enhances a broker's ability to recruit agents. The low franchise fee and an exceptionally low transaction based royalty structure make Casa Latino an extremely attractive opportunity. Casa Latino continues to execute an aggressive growth plan in the USA, Canada, Puerto Rico and several countries in South and Central America.

Contact:
Kristin Taylor, VP-Marketing
Casa Latino Franchise Corporation
Phone: 321-939-1475
Email: kristin (at) casalatino.com
www.casalatino.com Aggregated by HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=65242 0 http://www.hispanictips.com/2009/10/02/sotomayor-wont-sell-ny-apartment-in-this-economy/ http://www.hispanictips.com/2009/10/02/sotomayor-wont-sell-ny-apartment-in-this-economy/#comments Fri, 02 Oct 2009 16:02:35 +0000 Tomas http://www.hispanictips.com/?p=63198 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=63198 0 http://www.hispanictips.com/2009/09/30/the-foreclosure-crisis-has-brought-a-particular-set-of-issues-to-latino-immigrants-in-the-kansas-city-area/ http://www.hispanictips.com/2009/09/30/the-foreclosure-crisis-has-brought-a-particular-set-of-issues-to-latino-immigrants-in-the-kansas-city-area/#comments Wed, 30 Sep 2009 18:06:00 +0000 Tomas http://www.hispanictips.com/2009/09/30/the-foreclosure-crisis-has-brought-a-particular-set-of-issues-to-latino-immigrants-in-the-kansas-city-area/ HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=62903 0 http://www.hispanictips.com/2009/09/30/latino-homeowners-shorn-of-mortgage-interest-tax-deductions/ http://www.hispanictips.com/2009/09/30/latino-homeowners-shorn-of-mortgage-interest-tax-deductions/#comments Wed, 30 Sep 2009 17:51:46 +0000 Tomas http://www.hispanictips.com/?p=62884 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=62884 0 http://www.hispanictips.com/2009/09/28/how-smart-growth-disadvatages-african-americans-hispanics/ http://www.hispanictips.com/2009/09/28/how-smart-growth-disadvatages-african-americans-hispanics/#comments Mon, 28 Sep 2009 14:09:36 +0000 Tomas http://www.hispanictips.com/?p=62308 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=62308 0 http://www.hispanictips.com/2009/09/22/hispanic-homeownership-dropped-0-80-to-49-1-according-to-new-census-data/ http://www.hispanictips.com/2009/09/22/hispanic-homeownership-dropped-0-80-to-49-1-according-to-new-census-data/#comments Tue, 22 Sep 2009 14:44:00 +0000 Tomas http://www.hispanictips.com/?p=61824 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=61824 0 http://www.hispanictips.com/2009/09/21/foreclosure-crisis-shatters-the-american-dream-for-hispanics/ http://www.hispanictips.com/2009/09/21/foreclosure-crisis-shatters-the-american-dream-for-hispanics/#comments Mon, 21 Sep 2009 17:05:06 +0000 Tomas http://www.hispanictips.com/?p=61781 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=61781 0 http://www.hispanictips.com/2009/09/21/one-home-owners-association-checking-legal-status-before-allowing-new-residents-in-neighborhood/ http://www.hispanictips.com/2009/09/21/one-home-owners-association-checking-legal-status-before-allowing-new-residents-in-neighborhood/#comments Mon, 21 Sep 2009 16:39:03 +0000 Tomas http://www.hispanictips.com/?p=61777 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=61777 0 http://www.hispanictips.com/2009/09/21/save-our-trailer-parks-from-immigrants/ http://www.hispanictips.com/2009/09/21/save-our-trailer-parks-from-immigrants/#comments Mon, 21 Sep 2009 15:59:24 +0000 Tomas http://www.hispanictips.com/2009/09/21/save-our-trailer-parks-from-immigrants/ HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=61740 0 http://www.hispanictips.com/2009/09/21/from-the-ground-up-buying-land-fulfills-a-dream-for-many-hispanic-immigrants/ http://www.hispanictips.com/2009/09/21/from-the-ground-up-buying-land-fulfills-a-dream-for-many-hispanic-immigrants/#comments Mon, 21 Sep 2009 14:15:14 +0000 Tomas http://www.hispanictips.com/?p=61602 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=61602 0 http://www.hispanictips.com/2009/09/02/pedro-espada-jr-fires-aide-onix-a-sosa-over-real-estate-woes-ny/ http://www.hispanictips.com/2009/09/02/pedro-espada-jr-fires-aide-onix-a-sosa-over-real-estate-woes-ny/#comments Wed, 02 Sep 2009 18:02:23 +0000 Tomas http://www.hispanictips.com/?p=60077 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=60077 0 http://www.hispanictips.com/2009/09/01/jd-salazar-sior-of-champion-realty-advisors-llc-named-finalist-for-latino-professional-of-the-year-in-chicago/ http://www.hispanictips.com/2009/09/01/jd-salazar-sior-of-champion-realty-advisors-llc-named-finalist-for-latino-professional-of-the-year-in-chicago/#comments Tue, 01 Sep 2009 16:36:44 +0000 Tomas http://www.hispanictips.com/?p=59824 "Champion Realty Advisors, LLC is pleased to announce that J.D. Salazar, SIOR, managing principal has been selected as one of five finalists for the title of "Latino Professional of the Year" in Chicago, IL.
PR Newswire - J.D. Salazar, SIOR, of Champion Realty Advisors, LLC ...

PR Newswire - J.D. Salazar, SIOR, of Champion Realty Advisors, LLC ...

(Photo: http://www.newscom.com/cgi-bin/prnh/20090901/CG68900)

Salazar was chosen as a finalist due to his outstanding career success coupled with his philanthropic work. J.D. is a 23-year veteran in the commercial real estate industry and has completed over 10 million sf of commercial real estate transactions. In 2007, J.D. was chosen by Chicago United as a distinguished Business Leader of Color based on his overall career achievements, his balanced decision making, a respect for diverse points of view, and varied ways to approach issues. Recently, J.D. was appointed to the CEO Council of Chicago United.

"Being named a finalist for Chicago Latino Professional of the Year is an incredible honor. All the finalists are eminently successful professionals, each a role model for future generations of Spanish speaking American professionals," stated Salazar.

As an integral part of his community, J.D. has been a member of the Board of Directors of the Greater Chicago Food Depository since 2002, and is past Vice Chairman of the Board of Directors. In that role J. D. successfully spearheaded efforts to significantly diversify the Board. He is the President of the University of New Mexico Chicago Alumni Association, a past member of the University of New Mexico's National Alumni Board, and past member of the Board of Education at Timothy Christian Schools (K-12). J.D. is a 27-year member of Christ Church of Oak Brook where he is a frequent participant in their extensive mission program, having participated in missions to inner city Chicago, rural Eastern Kentucky and Eastern Europe. In 2008, J.D. led a mission to Cairo, Egypt, to assist the Mamma Maggie organization, a Coptic Christian ministry that ministers to Christian and Muslim children living in the massive dumps outside Cairo.

Champion Realty Advisors, LLC is the largest 100% Hispanic owned commercial/industrial brokerage and consulting company in the U S. The company focuses on providing regional and national distribution solutions to Third Party Logistics Industry and Consumer Products Industry. Champion professionals utilize teamwork, creativity and diversity to forge solutions for their clients. Visit www.championre.com.

Contact: Patricia True, +1-708-488-1485, patricia@ktpronline.com" Aggregated by HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=59824 0 http://www.hispanictips.com/2009/08/24/florida-sues-foreclosure-rescuer-targeting-hispanics-for-fraud-jpb-consulting-inc/ http://www.hispanictips.com/2009/08/24/florida-sues-foreclosure-rescuer-targeting-hispanics-for-fraud-jpb-consulting-inc/#comments Mon, 24 Aug 2009 23:07:45 +0000 Tomas http://www.hispanictips.com/?p=59104 HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=59104 0 http://www.hispanictips.com/2009/08/14/2009-areaanahrep-real-estate-marketing-conference-to-offer-updates-on-minority-market-pointers-for-selling-foreclosures-short-sales/ http://www.hispanictips.com/2009/08/14/2009-areaanahrep-real-estate-marketing-conference-to-offer-updates-on-minority-market-pointers-for-selling-foreclosures-short-sales/#comments Fri, 14 Aug 2009 13:55:50 +0000 Tomas http://www.hispanictips.com/?p=58285 "Members of the Asian Real Estate Association of America and the National Association of Hispanic Real Estate Professionals will meet for the 2009 Real Estate and Marketing Conference at the Palazzo Resort in Las Vegas on October 25-27. This is the single largest industry gathering of Hispanic and Asian real estate professionals that work with multicultural homebuyers. For more details about the event program, go to http://www.areaa.org/convention/agenda.html

Registration fees range from $249 for members to $399 for non members.

The annual meeting is a forum for Asian and Hispanic real estate professionals, business leaders, leading economists, lenders, servicers and asset managers for discussions on the state of the minority housing market and strategies for the current business environment. Leading foreclosure sales experts will also offer agents and brokers pointers on how to handle REO sales transactions and short sales, which constitute nearly 58 percent of all current residential real estate sales.

The event schedule will also include some of the top servicers in the industry and executives from Freddie Mac and Fannie Mae that will discuss foreclosure prevention efforts to help consumers and communities that have been hurt by current market conditions.

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About NAHREP
The National Association of Hispanic Real Estate Professionals, a non-profit 501c6 trade association, is dedicated to increasing the homeownership rate among Latinos by educating and empowering the real estate professionals that serve them. Based in Washington D.C., NAHREP is the premier trade organization for Hispanics and has more than 15,500 members in 48 states and 62 affiliate chapters.

About AREAA
Established in 2003, the Asian Real Estate Association of America’s membership represents a broad array of real estate, mortgage and housing-related professionals that serve the diverse Asian/Pacific-American market. AREAA is the only national trade association dedicated to representing the interest of the Asian real estate market throughout the country. It pursues initiatives that expand home ownership opportunities for more Asian/Pacific-American families, that increase business opportunities for its members, and that deliver tangible results for its national partners.
Contact Information
National Association of Hispanic Real Estate Professionals
Mary Mancera
(760) 634-5007
mary@phasetwocommunications.com
www.nahrep.org
" Aggregated by HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=58285 0 http://www.hispanictips.com/2009/08/13/immigrant-neighborhoods-in-new-york-continue-to-reel-from-mortgage-forclosures-and-job-losses/ http://www.hispanictips.com/2009/08/13/immigrant-neighborhoods-in-new-york-continue-to-reel-from-mortgage-forclosures-and-job-losses/#comments Thu, 13 Aug 2009 14:13:59 +0000 Tomas http://www.hispanictips.com/2009/08/13/immigrant-neighborhoods-in-new-york-continue-to-reel-from-mortgage-forclosures-and-job-losses/ HispanicTips :: Hispanic & Latino News & Information]]> http://js-kit.com/rss/www.hispanictips.com/p=58172 0