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Jeopardizing Hispanic Homeownership: Predatory Practices in the Homebuying Market

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Publication Date: January 2005

Publisher(s): National Council of La Raza

Author(s): Janis Bowdler; Janis Bowdler

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Social conditions (Housing)

Keywords: Hispanic population; Affordable housing; Financial institutions; Loan reform

Type: Brief

Coverage: United States United States

Abstract:

This report is the first to provide a comprehensive analysis of the mortgage products and lending tactics targeted at Hispanic homebuyers. The report examines the homebuying and refinancing experiences of Latino homebuyers and the abusive lending tactics that steer Latino families into unnecessarily expensive products.