Top Stories + Banking Hispanic y Latino News & Info (Noticias)

November 20, 2009

Mexican migrants are spending more money on taxes in the United States than on the remittances they send home to relatives, according to a new study by Mexico’s largest bank, BBVA Bancomer.

November 16, 2009

Money Trickles North as Mexicans Help Relatives – reverse remittances from Mexico

October 30, 2009

Mexican emigrants sent home $16.4 billion during the first nine months of this year, down 13.4% from the same period in 2008

October 26, 2009

Fields Lost, Hispanic Farmers Find Other Work as a Legal Fight Drags On – (good read)

August 3, 2009

MADIGAN SUES WELLS FARGO FOR DISCRIMINATORY AND DECEPTIVE MORTGAGE LENDING PRACTICES – Illinois Attorney General Alleges Lender Steered African-Americans, Latinos Into Subprime Loans

June 30, 2009

Bank of America is accused of exploiting Latino immigrant customers – Ex-employees, backed by SEIU, say working-class and immigrant clients are urged to sign up for multiple services that carry high interest rates and fees. BofA denies any wrongdoing.

March 24, 2009

American International Group (AIG) ignited a national firestorm of rage when it shelled out at least $165 million in bonuses to its tainted executives. But what has gotten almost no attention is a big reason that AIG had to stiff the government and everyone else. That’s the role that the company played in the subprime loan racket – a racket that hurt tens of thousands of black and Latino would-be homeowners.

March 11, 2009

A California company wants its customers to feel as comfortable using self-serve money transfer machines as they do using ATMs. San Bruno, Calif.-based Nexxo Financial Corp.’s technology allows immigrants to send money home via automated teller-type machines to bank branches and pickup centers in Latin America.

October 28, 2008

Study Notes Fewer Loans to Hispanics and Blacks – The number of new mortgages to blacks and Hispanics fell sharply in New York City in 2007, while staying flat for white borrowers and — surprisingly — rising for Asian-Americans

October 8, 2008

Illegal residents but responsible homeowners – Undocumented immigrants who own homes have a lower rate of delinquencies than U.S. citizens, according to various real estate sources.

September 11, 2008

San Francisco Latinos Pick Up Pieces After Foreclosure

June 12, 2008

NATIONAL COUNCIL OF LA RAZA AND WACHOVIA LAUNCH $16.25 MILLION PARTNERSHIP TO ADVANCE ECONOMIC DEVELOPMENT IN U.S. LATINO COMMUNITIES

June 4, 2008

Massachusetts sues H & R Block over its mortgage unit’s lending practices – The complaint alleges that the sub-prime division discriminated against black and Latino borrowers.

April 21, 2008

Lehman sued for charging minority homeowners more – (by a Hispanic)

March 26, 2008

Oklahoma immigration bill will cost state – according to a new study by the Oklahoma Bankers Association

November 11, 2007

Legal and Illegal, Welcome – Small Banks for Latinos Move Into the Void, Serve a Hungry Market

July 11, 2007

Spain’s Banco Popular to buy U.S. TotalBank for $300 mln