On HAMP’s Fifth Anniversary, Don’t Push Struggling Homeowners Over the Edge
For five years now, the U.S. Department of the Treasury and U.S. Department of Housing and Urban Development have successfully administered the Home Affordable Modification Program (HAMP) for...
View ArticleCitigroup Settlement Penalties Are the Largest in History
The U.S. Department of Justice recently announced a $7 billion settlement with Citigroup Inc. over the bank’s faulty mortgage securities and egregious practices. The settlement includes the largest...
View ArticleFor Latinos in Large Cities, High Rent and Stagnant Income Mean the American...
While a majority of Latinos believe that homeownership is part of the American Dream, high housing costs and low incomes coupled with a lack of mortgage credit are locking them out of achieving it. In...
View ArticleThe CFPB Empowers Homebuyers
By Nancy Wilberg Ricks, Senior Policy and Communications Strategist, Wealth-Building Policy Project, NCLR Yesterday, the Consumer Financial Protection Bureau (CFPB) released new online tools to help...
View ArticleCelebrating National Homeownership Month
By Elizabeth Drake, Communications Department Intern, NCLR Homeownership represents financial security for Latino families and a better life as they work every day to achieve the American Dream....
View ArticleA Long Journey Home
Saul smiled. His eyes shinned behind the folds of his smile. He still couldn’t believe it. His dream of owning a home had just become a reality. But Saul’s journey was not easy. For more than 20 years...
View ArticleMaking Quality Housing Affordable Again for Latinos in Los Angeles
By Agatha So, Policy Analyst, Economic Policy Project, NCLR Homeownership continues to be essential to the creation of Latino family wealth, yet many Latino families are still trying to recover from...
View ArticleSix Trends That Show Latino Homeownership is Important to the Housing Market...
By Agatha So, Policy Analyst, Economic Policy Project, NCLR Headlines about the nation’s housing market have focused on the low homeownership rate, currently stalled at 63%, compared to a high in 2001...
View ArticleIs Homeownership Just a Dream for Latino Millennials?
By Agatha So, Policy Analyst, Economic Policy Project, NCLR While American families who bought a home before the Great Recession were likely most concerned with the interest rates of their home loan,...
View ArticleGiving Credit Where it’s Due: Latinos and Credit Scores
By Agatha So, Policy Analyst, Economic Policy Project, NCLR In the run up to the Great Recession, Latinos and other low-income homebuyers of color more often than not received higher-priced mortgage...
View ArticleLatinos Looking for a Place to Call Home: How Hard Will it Be?
By Agatha So, Policy Analyst, Economic Policy Project Ten years after one of the worst financial crises in history, our nation’s economy is recovering, and the housing market is finally getting back to...
View Article
