Many Hispanics likely to buy homes, experts say
(Houston Chronicle) Real estate experts offered tips to understand and cater to Hispanic homebuyers during a conference held in San Antonio by the National Association of Real Estate Editors on...
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Foreclosures drain African-American wealth
(St. Louis American) Recently the Pew Research Center released an alarming report highlighting the fact that white Americans now have 20 times more wealth than African Americans and 18 times more...
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Foreclosing on the African American Community
(Planetizen) Foreclosures continue to decimate communities around the nation, with black neighborhoods being the hardest hit. However, it is investors, not homeowners, who account for the adverse...
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The Single Mistake Holding African American Workers Back From Retirement
(Business Insider) After the dust settles over the recession, it's becoming increasingly clear that African Americans will have the most lost ground to cover–especially in retirement planning. A new...
View ArticleHispanic First-Time Home Buyers To Dominate Market Within 8 Years
(The Mortgage Reports) Hispanic -Americans harbor different beliefs about homeownership as compared to the American population at-large. According to national housing sentiment surveys : 56% of...
View ArticleWells Fargo to pay $175m over racist lending
(RTE News) The bank is accused of engaging "in a pattern or practice of discrimination against qualified African-American and Hispanic borrowers in its mortgage lending from 2004 through 2009."...
View ArticleBank of America accused of neglecting foreclosed homes in minority neighborhoods
(IndyStar) Fair housing advocates accuse one of the nation’s largest banks of discriminating against black and Latino neighborhoods in how it maintains and markets foreclosed homes. A coalition of...
View ArticleWells Fargo Shells $60M in Bias Case
(Zack's) Over 3,900 minority borrowers of Wells Fargo & Co. (WFC - Analyst Report) will receive nearly $60 million in cash rebates from the company, according to a Bloomberg report. These...
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Report: Threat of Foreclosure on Calif. Homes Disproportionately Affects...
(National Journal) An overwhelming majority of homes in California’s major cities that are in danger of foreclosure are also in majority-minority ZIP codes, according to a reportreleased this week....
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Latino Homebuyers Face Hostility, Higher Fees and Fewer Options
(Care2.com) Though formal “redlining“ based on race was banned decades ago, a new report finds that Latinos still face rampant discrimination in the housing market. The report, released Monday from...
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