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Showing posts from October, 2015

The Gatweway to the Middle Class... Sustainable Homeownership says Washington DC... read more to find out!

Homeownership is the Key to Wealth-Building, Middle ClassSustainable homeownership is the “gateway to the middle class” for many Americans and is the primary source of wealth creation for many, which is why increasing the homeownership rate is so critical to a healthy economy, according to a panel at a housing forum in Washington, D.C. on Tuesday.

In the “Achieving the American Dream” housing forum, hosted by First American Financial Corporation, three members of Congress addressed the audience while a panel of experts discussed primarily how to increase the homeownership rate among Latinos and African Americans. Panelist Gary Acosta, Co-Founder and CEO, National Association of Hispanic Real Estate Agents, declared to the agreement of the panel that the gateway to the middle class in America is sustainable homeownership—and that lenders do not need to lower the bar, but instead need to open the credit window.

“What that essentially means is we’re not trying to qualify people who prob…