Hispanic Families with Housing Problems to Benefit
As we all know the housing crisis began a few years ago and Latino families in
“As Congress heads into a critical week of votes on how to relieve
“Black and Hispanic families have gotten a disproportionate share of subprime lending, and subprime loans are the driving force behind the foreclosures”
“4 in 10 Hispanics who got a mortgage in 2006 had a subprime loan, according to a 2007 analysis by the Center for Responsible the Lending.”
“The areas hardest hit by home-loan crisis are heavily Hispanic. In seven of the 10 metro areas with the highest foreclosure rates last month, they represent at least one-third of the population; in two of them –
Gracias a dios for the elections this year as it seems like a many Hispanic homes will be saved. The aid is not only for Hispanic families, is for everybody, but since Latinos are in the group of the highest foreclosure rates, many will get some aid.







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