Comments on: Mortgage/Housing Crisis Hits Latinos: The Press Spins it Again! http://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/ Learn, Network, Invest Sat, 11 Feb 2012 23:51:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Parveen Sainihttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63353 Parveen Saini Fri, 23 Jan 2009 08:03:19 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63353 This all has been due to the fact that there has been recession period going on in the whole USA and Europe, which has contributed the most in my unemployment, and this is holding back all of the companies, professionals and personnels' in getting ahead.. This all has been due to the fact that there has been recession period going on in the whole USA and Europe, which has contributed the most in my unemployment, and this is holding back all of the companies, professionals and personnels’ in getting ahead..

]]> By: bill arcehttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63212 bill arce Tue, 13 Jan 2009 01:35:32 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63212 This is typically case of a misinformed media article made with the purpose to confuse people.What they won't say is that many Latinos were misled on their mortgage application for unscrupulous professionals. That Latino where prey upon because the language barrier, allowing the 8 year old daughter to "translate in the settlement" or that many Latinos are being pray much early in the finance game by credit cards and auto finance companies.But this is what we are learning from this mess.1: As Latino professionals we are committed to the NAHREP code of trust (nahrep.org) En Confianza. 2: As professional we are committed to help the Latino community be the next buying force who will drive the real estate market as did the baby boomers. 3: As Latino professionals we understand that the real crisis we are in, is the crisis of TRUST, and that we as NAHREP members are going to work to change this because very soon we are going to be the majority on this country and we are here to embrace the many great opportunities that the USA has to offer to everyone.Gracias,Bill Arce RealEsteLatino.com<abbr><em>bill arce’s last blog post: <a href="http://realestatelatino.com/pages/viewer.asp?RFLAG=C&show=true&rID=1146" rel="nofollow">Familiarícese Con El Proceso de Préstamo</a></em></abbr> This is typically case of a misinformed media article made with the purpose to confuse people.

What they won’t say is that many Latinos were misled on their mortgage application for unscrupulous professionals. That Latino where prey upon because the language barrier, allowing the 8 year old daughter to “translate in the settlement” or that many Latinos are being pray much early in the finance game by credit cards and auto finance companies.

But this is what we are learning from this mess.

1: As Latino professionals we are committed to the NAHREP code of trust (nahrep.org) En Confianza.
2: As professional we are committed to help the Latino community be the next buying force who will drive the real estate market as did the baby boomers.
3: As Latino professionals we understand that the real crisis we are in, is the crisis of TRUST, and that we as NAHREP members are going to work to change this because very soon we are going to be the majority on this country and we are here to embrace the many great opportunities that the USA has to offer to everyone.

Gracias,

Bill Arce
RealEsteLatino.com

bill arce’s last blog post: Familiarícese Con El Proceso de Préstamo

]]> By: Minthis Hillshttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63174 Minthis Hills Sat, 10 Jan 2009 08:52:39 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63174 This problem is eating into every real estate market world wide. The reality has to be presented as a true story not spun to suit some sections. This problem is eating into every real estate market world wide. The reality has to be presented as a true story not spun to suit some sections.

]]> By: Anna Rasberryhttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63170 Anna Rasberry Sat, 10 Jan 2009 01:07:29 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63170 I think the media distinction between Latino and American mortgage defaults are astounding. Maybe they should show both sides of the story instead!------------------------- Anna Rasberry Remax Realty Services Inc I think the media distinction between Latino and American mortgage defaults are astounding. Maybe they should show both sides of the story instead!

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Anna Rasberry
Remax Realty Services Inc

]]> By: Joshua Dorkinhttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63142 Joshua Dorkin Thu, 08 Jan 2009 21:45:05 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63142 I'm with you here, Lani and RSmith. I guess it is all about divide an conquer. I’m with you here, Lani and RSmith. I guess it is all about divide an conquer.

]]> By: Lani Rosaleshttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63141 Lani Rosales Thu, 08 Jan 2009 20:39:43 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63141 Why don't they subdivide mortgage applicants so we know if the massive increase in mortgage applications can be attributed to Latinos? What portion of the few succeeding commercial real estate investors are Latino? How many privately owned homebuilder companies that have NOT folded and are keeping a steady pace are owned by Latinos? What percentage of Latinos have NEVER made a late payment on their loans?Ridiculous.<abbr><em>Lani Rosales’s last blog post: <a href="http://rerevealed.com/is-social-media-urban-sprawl-possible" rel="nofollow">Is Social Media Urban Sprawl Possible?</a></em></abbr> Why don’t they subdivide mortgage applicants so we know if the massive increase in mortgage applications can be attributed to Latinos? What portion of the few succeeding commercial real estate investors are Latino? How many privately owned homebuilder companies that have NOT folded and are keeping a steady pace are owned by Latinos? What percentage of Latinos have NEVER made a late payment on their loans?

Ridiculous.

Lani Rosales’s last blog post: Is Social Media Urban Sprawl Possible?

]]> By: RSmithhttp://www.biggerpockets.com/renewsblog/2009/01/08/mortgagehousing-crisis-hits-latinos-big-deal/#comment-63136 RSmith Thu, 08 Jan 2009 18:17:00 +0000 http://www.biggerpockets.com/renewsblog/?p=3370#comment-63136 It seems they are trying to gain readership by controversy or ignorance. It seems they are trying to gain readership by controversy or ignorance.

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