Increase in Latino Homeownership

Monday, July 25, 2011

A recent study finds there are a variety of factors likely to increase Latino homeownership. Hispanics are now the largest minority group in the country and represent a growing portion of the age group involved in most home sales–26 to 46 years of age.

Part of the challenge is to ensure that the Latino population is not under-served and under-represented in discussions around diversity issues. With the new Consumer Financial Protection Bureau (CFPB), mortgage lenders will need to make sure they are providing fair and equal access to credit to all minority groups.

Study provided by Rogelio Sáenz,
Dean of the College of Public Policy at the University of Texas at San Antonio.

This entry was posted in Mortgage News and tagged , , . Bookmark the permalink.

Comments are closed.