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LatinosNJ.com - New Jersey News, Local, National, International, Latin America, Caribbean

Wednesday
Nov 19th
Home arrow News arrow Business arrow Hispanics hit hard by subprime woe
Hispanics hit hard by subprime woe PDF Print E-mail
Tuesday, 30 September 2008

By J. Craig Anderson - The Arizona Republic

The fastest-growing segment of U.S. home buyers is also among those facing the greatest risk of foreclosure, two top federal housing officials told a group of Hispanic real-estate professionals meeting in Phoenix this week.
Poor guidance and cultural biases have forced too many Hispanics into predatory loans, they said, and in some cases their Hispanic real-estate agents helped put them there.

 

READ MORE: http://www.azcentral.com/arizonarepublic/
business/articles/2008/09/30/20080930biz-montgomery0930.html




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