Hispanic Mortgages
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Biden dives into risky student loan policy
Placeholder while loading article actions News had just emerged that President Biden was set to write off at least some student loan debt, and Donald Trump ... -
Here’s how central Florida governments plan to spend $868 million on COVID-19 relief – Orlando Sentinel
When the COVID-19 pandemic triggered a widespread shutdown of local businesses and charities two years ago, Liza Riedel feared she would have to permanently close NextStep ... -
Special Feature: “Eyewitness News Guide to Inflation”
Inflation is something that affects us all in virtually every aspect of our lives, and we’ve seen the price of everything rise, from groceries to the ... -
New U.S. Funding Wins Six Stevie® American Business Awards®
Gold: Rick Arvielo, CEO – Lifetime Achievement Award – Consumer Service Industries Patty Arvielo, President – Woman of the Year – Consumer ServicesNew US Funding – ... -
MBA forecast calls for higher house prices and mortgage rates
According to the new MBA Purchase Request Payment Index (PAPI), homebuyer affordability declined in March, with the national median payment requested by applicants rising 5% to ... -
Fed interest rate hike will hurt black consumers
The Federal Reserve on Wednesday voted the biggest interest rate hike in more than two decades. The move means rates on everything from personal loans to ... -
Homeownership and the American Dream during Covid
A line of black residents awaiting relief distribution during the 1937 Ohio River flood. (Margaret Bourke-White/Wikimedia) EDITOR’S NOTE:In the fall of 2021, a group of students ... -
Bubble housing fears are mounting, but any correction won’t be like the last
In the first year of the pandemic, home values defied expectations by soaring. In the second year of living with COVID, real estate prices have skyrocketed ... -
Income, debt, examples of ordinary Americans
The typical middle-class American earns between about $30,000 and $90,000 According to Pew, a single American earning between $30,000 and about $90,000 a year is an ... -
Racial wealth gap and reverse mortgages
Reverse mortgages are financial tools that allow homeowners to access capital by using the equity in their home as collateral. They are a way for people ... -
Nearly half of all delinquent mortgages on loss management plans
According to new data released by the Federal Reserve Bank of Philadelphia, about 2.15 million mortgages are expected to be forborne or past due, with about ... -
Can Cryptocurrency Really Help Anyone?
New York Mayor Eric Adams may be the most recognizable champion of cryptocurrency in New York politics, but he’s not the first elected official from the ... -
Minority depository institutions: definition, services, locations
The FDIC and NCUA track and define banks and credit unions as Minority Depository Institutions (MDIs). An MDI is owned or run by Black Americans, Native ... -
George Floyd’s attorney: Wells Fargo ‘kills opportunities for black homeowners’
Wells Fargo & Co. is again facing scrutiny and lawsuits over lending practices involving black borrowers. Wells Fargo – the largest mortgage lender among US banks ... -
People are more willing to excuse lies that they think might one day become true
We all know lying is wrong. That’s why we get in trouble for it as kids (and sometimes as adults), and why you’ll rarely, if ever, ... -
Combatting AI Biases in the Financial Sector
The use of explainable AI models is key to avoiding biases for businesses in most sectors of the economy, but especially in finance. In the ... -
Fintech offers solutions for Latinos without bank accounts
Fintech companies are offering ways for Latinos who can’t get debit cards to transact cashlessly. Why is this important: Latinos are among the least banked (no ... -
The big change in medical debt coming this year – NBC Boston
Medical debt continues to be a major problem in the country, especially with so many people hospitalized during the coronavirus pandemic. Rob Michaelson and Betsy Badell ... -
New Pew poll shows 30% increase in Philadelphia residents concerned about crime
A sobering new poll from The Pew Charitable Trusts shows that ongoing issues around COVID-19 and gun violence are among Philadelphians’ top concerns. Most notably, the ... -
Fannie Mae Sets Price for $1.1 Billion REMIC Deal with Connecticut Avenue Securities (CAS)
WASHINGTON, April 5, 2022 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) Evaluates Connecticut Avenue Securities® (CAS) Series 2022-R04, approx. $1.1 billion note offering that represents Fannie Mae’s ... -
Black women and alopecia: what is it, what can be done about it?
By ReShonda Tate | Defender Network | word in black This post was originally posted on Defender Network (WIB) – For years, Kim Roxie has been ... -
What do looser school mask and vaccine requirements mean for black teachers and students?
By Maya Pottiger | word in black According to scientists, the best way to protect yourself against the new coronavirus is to get fully vaccinated – ... -
A 40-year mortgage? This Fed official thinks it’s a good idea
Should the federal government start guaranteeing mortgages even longer than 30 years? Philadelphia Federal Reserve Chairman Patrick Harker thinks this could be a solution to an ... -
Wells Fargo narrows its racial gap in mortgage refinancing
Diving brief: Wells Fargo accepted 58% of mortgage refinance applications from black homeowners in 2021, a jump of 11 percentage points from the previous year, according ... -
Wells Fargo faces persistent racial gap in mortgage refinance – Orange County Register
Wells Fargo & Co., which approved less than half of mortgage refinances sought by black homeowners in 2020, prompting calls for regulatory investigations, greenlighted a greater ... -
An ambitious plan to rehabilitate abandoned buildings in Queens
New Habitat for Humanity Initiative Innovates to Make Homes Permanently Affordable with a Land Trust Model On a block of 116th Avenue in southeast Queens lined ... -
Most medical debt will soon disappear from credit reports
The nation’s leading credit reporting companies will soon remove about 70% of medical collection debt from Americans’ credit reports. Why is this important: Medical debt is ... -
Problems with Biden’s crypto executive order take us back to 2008
Last week, the White House issued an executive order in which President BidenJoe Biden Irish Prime Minister tests positive for COVID-19 during visit to DC CNN ... -
Evers changes course on aid program after complaint
March 15, 2022Updated: March 15, 2022 09:42 MADISON, Wis. (AP) – Governor Tony Evers reversed a decision to direct federal funds to people of color under ... -
“We are facing a housing crisis,” say the experts. What homebuyers can do about it. – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Rising house prices, ... -
‘Redlining never really went away’: Black Rhode Islanders still face racism when buying a home
Within three months, Garlington found the perfect place: a three-bedroom, two-bathroom home in the Wanskuck neighborhood of Providence. But the process of closing the house, which ... -
Minority Report – theMReport.com
This piece originally appeared in the March 2022 edition of MReport magazine, online now. The wave of refinancing that has driven mortgage market volumes over the ... -
More free at-home Covid tests available next week
SStarting next week, US households will be able to order another round of free rapid Covid-19 tests from COVIDTests.gov. The opening of additional free tests to ... -
Philly Fed Report: Black Homeowners Face More Refinance Denials | Local News
Home loan refinance activity increased by more than 200% in Pennsylvania, New Jersey and Delaware in 2020 during the pandemic, the growth rate for black and ... -
JPMorgan Chase pledges $12 million to minority households
JPMorgan Chase announced that five organizations will receive philanthropic capital as part of the company’s five-year, $400 million commitment to improve housing affordability and stability for ... -
The personal finance industry needs a dose of sobering history
(Bloomberg review) — There is a belief in the United States that has seeped into the personal finance industry – that if you work hard enough, ... -
Building the goal of increasing minority home ownership
As we celebrate Black History Month, it’s important to remember why mortgage and housing finance systems need to focus on black homeownership. Owning a home helps ... -
Those early pandemic cheap rents are long gone: In 26 cities, buying a home is now more affordable than renting.
As far as rental rates go, it’s definitely not 2020 anymore. The cost of renting a home is rising at the fastest rate in years as ... -
Generational Wealth and How to Start Building It Today
In this episode of Get Rich, go on a financial journey with Carmen Perez as she shares professional tips and tricks for owning your bank account, ... -
Westside’s historic community centers serve as a refuge
Friday mornings are busy at the Doolittle Community Center. A steady stream of people walk through the door from 8 a.m., when women in sportswear come ... -
Alabama is the No. 7 state with the smallest black homeownership gap
(STACKER) – For many, along with financial independence, becoming a homeowner is considered the quintessential American dream. Home ownership is one of the fundamental tools for ... -
California is the No. 8 state with the smallest black homeownership gap
For many, along with financial independence, becoming a homeowner is considered the quintessential American dream. Home ownership is one of the fundamental tools for creating wealth ... -
Montana is the No. 4 state with the largest black homeownership gap
For many, along with financial independence, becoming a homeowner is considered the quintessential American dream. Home ownership is one of the fundamental tools for creating wealth ... -
Biases often steer minority professionals towards community development
On the lending side, minority professionals have gained positions of influence by mastering elements of the Community Reinvestment Act of 1977, the world of tax credits, ... -
Rent shortages and mortgage denials block home ownership
Regardless of location, profession or income, every family needs and deserves a home. But for many — especially Black Americans and other people of color — ... -
Black America deserves its fair share of the American Dream
Regardless of location, profession or income, every family needs and deserves a home. But for many — especially Black Americans and other people of color — ... -
Charlene Crowell: Black America deserves its fair share of the American Dream
Urban Institute Graphic 2020 HMDA Mortgage Denial by Race * Regardless of location, profession or income, every family needs and deserves a home. But for many ... -
Tampa Activist Groups to Host ‘Rent Is Too Damn High’ Meeting to Discuss Rent Control and Other Housing Issues | Tampa Bay News | Tampa
A day after the Tampa City Council shot down a tenant’s bill of rights despite the area’s housing crisis, the People’s Safety Coalition called everyone to ... -
Serial Entrepreneur Launches Black American Homeownership Movement for Wealth Creation
Gary O. Shelton shares his insights on being black in the United States and creating wealth despite racial barriers. DETROIT – During Black History Month, Gary ... -
Mankato Receives Funding for Affordable Housing for the Sixth Consecutive Year | Local News
MANKATO – Mankato’s winning streak has reached six years in the annual competition for millions of dollars in government funding to provide more affordable housing. The ... -
Spring-Ford outlines equity, diversity and inclusion efforts
The Spring-Ford Area School District’s efforts to make itself more equitable, diverse, and inclusive have been presented to the school board and the public at the ... -
WDET 101.9FM WDET is Detroit’s public radio station
Eli Newman More than 600 people participated in an online public forum to discuss remedies for Detroit residents affected by their property tax overstatements. Last weekend, ... -
Average Credit Scores by Race
A study of average credit scores for different racial groups shows substantial disparities, with Hispanics scoring at the national average and the average black score falling ... -
Central Bank Digital Currency: The Fed Speaks
The concept of “central bank digital currency” is open to all sorts of interpretations, most of which are unrealistic. To some, it looks like the Federal ... -
Why road safety is more than crash data
Op-ed: Near misses can tell us as much, if not more, about road safety than crashes. In the United States, 6,721 people were killed walking in ... -
Mayors say they don’t have tools to deal with homelessness
Plus, private mortgage lending still doesn’t serve black and Latino lenders, and more. Report finds mayors without dedicated staff rely on police to manage homelessness A ... -
Yes, racism is a “deviation”, but it must be taught as a persistent reality
This Tuesday, January 18 column is sandwiched between two Texas holidays. Monday was Martin Luther King Jr. Day, first observed by Texas in 1986. And Wednesday’s ... -
Tampa Bay sports radio host plans to protest Rays’ proposed split-season concept | Tampa Bay News | Tampa
ERIC KILBY VIA FLICKR / ATTRIBUTION-SHAREALIKE 2.0 GENERIC (CC BY-SA 2.0) Despite the support of a small handful of wealthy locals and the editorial board of ... -
Local activists and leaders call on the state to help Hispanics
“I implore our governor and state legislators to use ARPA funding and the state budget surplus to help the most vulnerable in the community,” said Kasandra ... -
Fannie Mae Uses Blend Rent Payment Data for Access to Credit Expansion | The powerful 790 KFGO
By Hannah Lang (Reuters) – U.S. housing finance giant Fannie Mae has started integrating data from digital banking startup Blend Labs Inc. into its underwriting program ... -
How Some Americans End Up With No Credit Score Business
Is the amount of money someone earns preventing them from getting a desirable credit score? Or their race and ethnicity? The answers: No, absolutely not. Some ... -
History of the American Mortgage | Latest titles
Homeownership has long been part of the American dream. Whether it’s your generation, your grandparents ‘generation, or your great-great-grandparents’ generation, most people equate the idea of ... -
Marion County Mortgage Data Shows Decline in Homeownership, Particularly Among Blacks and Hispanics
More than 50 years after the passage of the federal Fair Housing Act of 1968, Marion County, the most populous and racially diverse county in Indiana, ... -
2021 has been one of the best years for housing and one of the most difficult. 2022 won’t be that different.
Depending on your perspective, 2021 has been one of the strongest or most difficult housing markets in a generation. Through a series of government and private ... -
The American History of Housing Discrimination Still Linked to Heart Risks for Black Americans
Almost a century ago, it was legal for US banks to deny mortgages to people in predominantly black communities, a practice known as “redliningâ€. For several ... -
Susan Tompor: How Some End Up Without a Credit Score | Personal finance
Does the amount of money someone earns prevent them from getting a desirable credit score? Or their race and ethnicity? The answers: No, absolutely not. Some ... -
US homeowners earned $ 9 trillion in value over the past year, new report finds
According to a new report from Redfin, an online real estate brokerage firm, US homeowners have gained $ 9.1 trillion in real estate value in the ... -
Provide financial support to underserved groups
Accountants and other financial professionals who wish to better serve low-income and underserved communities can begin by understanding the barriers to access these groups face in ... -
Fairness in employee benefits communications
The pandemic has raised awareness that the unique circumstances of employees affect their commitment to their workplace benefits. With the upheavals caused by the pandemic, remote ... -
Connecticut Parents Support New Child Care Procedures
At the height of COVID-related disruption in 2020, Chief Administrative Justice Michael A. Albis reformed Connecticut’s family court system with his daring Triage and tracking initiative. ... -
Race and finance: the student loan trap
This is the second in a series of articles on race and the financial system. When American civil rights activists of the last century took to ... -
REMEMBER THE TOMB THIS HOLIDAY SEASON – KTAB – BigCountryHomepage.com
Saturday night forecast: look away, temperatures are warming for the bank holiday weekend Video / 1 day ago Video KRBC Evening Forecast: 12/17/21 Video / 2 ... -
AISD Responds to Report of Firearm on Elementary School Campus – KTAB – BigCountryHomepage.com
KRBC Evening Forecast: 12/17/21 Video / 9 hours ago Video Friday December 17: a strong cold front arrives overnight News / 11 hours ago Video Friday ... -
Senator Cruz on ‘Squawk Box’: Democrats pour gasoline on fire
WASHINGTON, DC – US Senator Ted Cruz (R-Texas) today joined CNBC’s “Squawk Box” to discuss President Biden’s inflation crisis, the “Build Back Broke â€of Democrats and ... -
Expect the housing market to cool (slightly) as winter approaches
Cooler weather is often a welcome relief from hot summer days, and a cooler market can provide some relief to homebuyers in Alabama as well. In ... -
Study links redlining to contemporary premature birth rates
Premature birth is associated with a range of negative long-term health outcomes. Now, a new study by researchers at the University of Rochester is linking the ... -
NAF Takes More Milestones While Putting “Family” First – Orange County Register
The new US funding was on its way to another record commercial year in 2021, despite the pandemic and all of its challenges. Tustin’s 18-year-old mortgage ... -
How On-Time Rent Payments Can Build Your Credit Score with Fannie Mae
Fannie Mae will now take rent payment history into account when approving borrowers for mortgages. You still need a credit score of at least 620 to ... -
Pay the price – the Sacramento Observer
Tyra Green and Ayaana Williams | Special to the OBSERVER As gas prices in California continue to climb, Sacramento NAACP President Betty Williams cites rising costs ... -
Alterra 2021 Home Loan Review: Offers Under-Represented Borrowers Alternative Underwriting Options, But Rates and Fees Not Listed Online
Editorial independence We want to help you make better informed decisions. Certain links on this page – clearly marked – may direct you to a partner ... -
Investors buy Tampa Bay homes at record rates – CBS Miami
MIAMI (CBSMiami / AP) – From July through September, investors bought homes in Tampa Bay at record rates, according to data analyzed by Redfin which began ... -
Sharing hard-earned money lessons to build generational wealth
Julien and Kiersten Saunders, creators of the Rich & Regular blog, go so far as to call the “R word†“retirementâ€. Gaining that independence is crucial ... -
In Orlando, Hispanic Residents Spend More on Rent Than Anywhere in the Country national news
Estafany Londoño considers herself one of the lucky ones. At the height of the pandemic, the 24-year-old had to find new accommodation. “A lot of the ... -
Regulators are back in the saddle – NMP
Red Notice In announcing the Trustmark case, Garland also revealed a new Justice Department program to tackle what he called the “modern day red line.” As ... -
FinTech Lenders May Be the Key to Solving Discrimination
Case Western Reserve University and the American Institute of Business (AEI) published a new report which revealed that the digitization of mortgages and the rise of ... -
Investors are buying houses in Tampa Bay at record rates, creating stiff competition
For Lou Brown, a real estate agent for a company in Midtown St. Petersburg, it was unusual to represent a potential candidate. buyer who lost the ... -
Chase CEO Jamie Dimon talks about taxing the rich and why Houston is fertile ground for racial equity work
Houston has become a focal point of JPMorgan Chase’s $ 30 billion racial equity plan, and the bank’s CEO Jamie Dimon visited the city last month ... -
De Blasio’s New York should be a warning to Democrats
TDemocrats have plenty of reasons to fear a midterm explosion next year – and Bill de Blasio’s New York City helps explain why. The party’s top-to-bottom ... -
Mortgage data shows aspiring black homeowners facing an uphill battle
Aspiring black buyers are denied mortgage loans in Philadelphia more frequently than their white counterparts, according to a report released this month. And if they do ... -
$ 5 Million Homeowner Assistance Fund Available to Help Island Residents of Hawaii and Kaua’i Pay Off Mortgages
HONOLULU (KHON2) – The State of Hawai’i and the counties of Hawai’i and Kaua’i have partnered with Hawai’i Community Lending (HCL), a non-profit development finance institution ... -
US Consumer Prices Soar 6.2% Last Year, Most Since 1990 | national
– Median house price (unadjusted): $ 11,900 – Median house price (adjusted for inflation in 2020 dollars): $ 104,166 – Price growth since 1950: 31.7% The ... -
Memphis Bank resolves discrimination allegations against predominantly black and Hispanic neighborhoods – Finance and Banking
United States: Memphis Bank resolves discrimination allegations against predominantly black and Hispanic neighborhoods 05 November 2021 Cozen O’Connor To print this article, simply register or connect ... -
Accessibility (or lack thereof) in the current housing market
Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur United States, an international Entrepreneur Media franchise. As our nation continues to fight to ... -
Banks accused of “redlining” in a rush to settle
A group of seasoned bankers and private equity investors in Texas spotted an opportunity as the economy collapsed ten years ago. They raised $ 1 billion, ... -
“Soft infrastructure” is crucial for a post-carbon world
“Soft infrastructure” is crucial for a post-carbon world Santa Monica City Hall in Los Angeles County, California, United States. Image via Shutterstock / By Kit Leong ... -
John Hood: Claims of mortgage discrimination are redundant (copy) | Editorial columnists
A few weeks ago, The Associated Press and a nonprofit journalism firm called The Markup released a set of data and news articles purported to prove ... -
Fewer Coloradans experienced hunger and unstable housing last year despite pandemic, survey finds
As difficult as last year has been, it could have been a lot worse without measures to keep people insured, fed and at home, new data ... -
DOJ announces new initiative to fight mortgage discrimination – RISMedia
The Department of Justice (DOJ) on October 22 announced a new initiative to tackle what United States Attorney General Merrick Garland calls the “modern day red ... -
With Black Homeownership Low in CT, New Programs Aim to Remove Barriers
When Miriam James searched for a house in Connecticut years ago, her real estate agent didn’t take her to the neighborhoods she had inquired about. The ... -
John Hood: Mortgage discrimination complaints redundant | Chroniclers
Returning to the issue of mortgages, attempts to prove discrimination by looking at loan approval rates, as the Markup / AP team attempted to do, are ... -
Trustmark Bank to pay $ 5 million fine
Trustmark National Bank will pay federal regulators $ 5 million in fines to address allegations it has actively avoided offering and marketing home loans to black ... -
Miami City District 5 candidates on the issues
October 19, 2021 The race for the City of Miami District 5 commission seat is intensifying, with wrangling over campaign signs and accusations of “misleading” flyers. ... -
Hood: Claims of mortgage discrimination are redundant | Opinion
RALEIGH – A few weeks ago, The Associated Press and a nonprofit journalism firm called The Markup published a set of data and news articles purported ... -
How to stimulate home ownership by blacks?
Read more: What’s the next step for non-QMs? The luxury mortgage reveals it all You’ve been an Account Executive since 2004, but worked at Luxury Mortgage ... -
Vulnerable US homeowners face uncertainty as mortgage forbearance ends
A real estate sign advertising a “contracted” home is pictured in Vienna, Virginia, outside Washington on October 20, 2014. REUTERS / Larry Downing Oct. 15 (Reuters) ... -
Can Homeownership Really Close the Racial Wealth Gap?
The racial wealth gap perpetuates inequalities and prevents large swathes of American citizens from economic security and progress. Homeownership can be a reliable way to build ... -
3 actions to follow as housing weighs on GDP
House key and key ring on wooden table Written by Adam Othman at The Motley Fool Canada Canadian real estate is slowing down. The boom that ... -
Guaranteed Rate Hires Arlyn J. Kalinski to Lead Revolutionary Language Access Program
Leading retail mortgage lender unveils new bilingual diversity team to connect and empower more Spanish-speaking clients Posted: October 12, 2021 at 12:19 p.m. EDT|Update: 12 hours ... -
Fair housing group sues Old National over alleged red line before merger
Dive brief: An Indianapolis-based fair housing advocacy group sued the Old National Bank in Evansville, Indiana on Wednesday, alleging that the $ 23.6 billion asset bank ... -
Latino real estate investments are growing at a high rate
The median household wealth of Latino Americans is expected to triple by 2024, largely due to recent real estate gains. This information comes from data published ...
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