Op-Ed

Housing Recovery Bypasses Blacks and Latinos

By Charlene Crowell NNPA Columnist   Scholars from several of the nation’s most-esteemed colleges and universities jointly concluded that the nation’s so-called housing “recovery” is bypassing communities of color and working- class neighborhoods. Underwater America, their new report, analyzed negative equity and foreclosure data using zip codes Read More

Op-Ed

Mortgage Complaints Grow

By Charlene Crowell NNPA Columnist   In mid-March, the monitor for the National Mortgage Settlement announced that participating banks had completed terms of the agreement affecting 49 states. Bank of America, Citigroup, JP Morgan Chase and Wells Fargo collectively provided more than $20 billion in Read More

Op-Ed

Nation’s Housing Recovery Far from Equal

By Charlene Crowell NNPA Columnist With the annual holiday season approaching, many across the country will soon be celebrating with families and loved ones. Many such gatherings will toast the season and its blessings. But for families still troubled by delinquent mortgages and foreclosures, this Read More

Business

U.S. Housing Recovery Pricing Out First-Time Buyers

CHICAGO, July 23 (UPI) — The U.S. housing recovery is increasingly pricing first-time home buyers out of the market, data provided by the National Association of Realtors indicates. NAR released a home sales report indicating people in their late 20s and early 30s accounted for only Read More

Business

Study Says Housing Discrimination Still Prevalent in US

Special to the NNPA from The Final Call Hispanics, Asians and African-Americans who are looking to purchase a home still face discrimination in subtle forms, according to a new national study. According to the study, commissioned by the federal Department of Housing and Urban Development Read More

Press Room

Wells Fargo, NeighborWorks America Help 1,600 Successfully Buy Homes through ‘LIFT’ Programs

Media contacts: Wells Fargo Chris Hammond 415-222-4106 chris.l.hammond@wellsfargo.com NeighborWorks America Lindsay Moore 202-220-6317 lmoore@nw.org Wells Fargo, NeighborWorks America Help 1,600 Successfully Buy Homes through ‘LIFT’ Programs $170 million Effort Offers Home-buying Education, Down Payment Assistance for Moderate Income Buyers in 20 U.S. Housing Markets San Francisco and Read More