Morning Briefing: MBA, NAHREP join forces to boost Hispanic home ownership

by MPA03 Jun 2015
MBA, NAHREP join forces to boost Hispanic home ownership
Two industry bodies have formed a partnership to boost the level of homeownership and mortgage professionals from the Hispanic community. The Mortgage Bankers Association and the National Association of Hispanic Real Estate Professionals share common goals of expanding to numbers of Latinos working as finance professionals and NAHREP in particular wants to boost the level of homeownership among the Latino population.

"The American Dream, to own your own home, is embraced by more people, from more backgrounds, than ever before," David H. Stevens, President and CEO of MBA said. "And yet real challenges remain for many Americans, especially first-time homebuyers, the self-employed, and new Americans, to access credit. To serve our diverse customers, the real estate finance industry needs a diverse workforce.”

The MBA has an education program which the two organizations will market to colleges and universities with high Hispanic enrolment. Gary Acosta, NAHREP co-founder and CEO enthused: "There are incredible career opportunities in real estate finance and the Mortgage Bankers Association is doing some of the most innovative work in attracting new entrants into the industry.”
 
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