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Tag Results for "Latino Homeowners"

New Mortgage Rules Improves Protections for Minority Homebuyers

Earlier this week the Consumer Financial Protection Bureau (CFPB) issued guidelines for their Qualified Mortgage (QM) regulation, which requires lenders to ensure that borrowers are able to repay loans. continue reading »

Man Sentenced for Mortgage Rescue Fraud Scheme Targeting Latino Arizona Homeowners

On February 27, 2012, Luis Belevan of Phoenix was sentenced to 60 months’ imprisonment for his role in a 2009-2010 mortgage rescue scheme that affected at least 1,800 local distressed homeowners. continue reading »

ACLU Charges FL Foreclosure Courts Depriving Hispanics & Blacks Opportunity to Save Home

The American Civil Liberties Union today filed a petition in a Florida appellate court charging that the foreclosure court system in Lee County systematically denies homeowners a fair opportunity to defend their homes against foreclosure. The special “mass foreclosure docket” continue reading »

Minority Real Estate Leaders Say Govt Efforts are Failing to Meet Needs of Multicultural Homebuyers

Saying millions of Americans are being left out of the American dream of homeownership, the nation’s three largest organizations representing multicultural real estate professionals, continue reading »