Contact:
Marie Watteau, NCLR(202) 776-1812 Laura Dossa, NAHREP (202) 777-3542 FOR IMMEDIATE RELEASE
Sep 7, 2007
NAHREP, NCLR RELEASE HISPANIC HOMEOWNERSHIP REPORT AND RECOMMENDATIONS TO CURB PREDATORY LENDING PRACTICESWashington, DC The National Council of La Raza (NCLR) and the National Association of Hispanic Real Estate Professionals (NAHREP) will hold a tele-conference on Wednesday, September 12, 2007 to announce the findings of a joint report on Hispanic homeownership and their recommendations to curb predatory lending practices that impact Latinos. Based on roundtable discussions across the country with practicing mortgage industry professionals who serve the Hispanic community, the joint report identifies the factors contributing to predatory lending practices and ways to help eliminate them. The report also issues recommendations to policymakers, industry professionals and consumers to create a level playing field for homeownership opportunities for the 44 million Hispanics in the United States.
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