mortgages – Black Enterprise

DOJ Says Trident Mortgage, Owned By Billionaire Warren Buffet, Discriminated Against Black and Latino Homebuyers

Derek MajorJuly 29, 2022July 29, 2022

by Derek MajorJuly 29, 2022July 29, 20221462

Trident Mortgage, owned by billionaire Warren Buffet, discriminated against Black and Latino homebuyers in three states, the Department of Justice said...

Money News

California Governor Agrees To Deal With Banks to Postpone Mortgage Payments

Derek MajorMarch 27, 2020March 26, 2020

by Derek MajorMarch 27, 2020March 26, 20201978

California Gov. Gavin Newsom announced that homeowners who pay mortgages to four large banks will receive a 90-day waiver on mortgage payments...

Insider Tips for African Americans Looking to Purchase a Home

Jeffrey McKinneyNovember 2, 2017

by Jeffrey McKinneyNovember 2, 201710803

African American and Hispanic home buyers are roughly twice as likely to be rejected on a pre-approval loan application than whites....

Education

Who Has More Debt?: Associate Degree Holders or M.B.A.’s?

Robin White GoodeFebruary 15, 2017October 2, 2017

by Robin White GoodeFebruary 15, 2017October 2, 2017354

But like that of most Americans, debt is most likely in my childrenâ€™s future. But how much debt? As it turns out, debt isnâ€™t evenly...

Money

Washington, DC’s Largest, Oldest Black Bank To Host Mortgage Day

Carolyn M. BrownNovember 7, 2016September 23, 2017

by Carolyn M. BrownNovember 7, 2016September 23, 20172001

People of color continue to get shut out of the housing marketing. Home ownership among African American and Hispanic Americans lag dramatically behind that of...

Money

Washington Pays Millions to Get Counseling for Homeowners

Stacey TisdaleJune 15, 2015September 28, 2017

by Stacey TisdaleJune 15, 2015September 28, 2017469

HUD is spending more than $40 million to help organizations that provide free counseling to homeowners....

Money

Top 10 Slowest Housing Markets in the U.S.

Sheiresa NgoJune 25, 2014September 29, 2017

by Sheiresa NgoJune 25, 2014September 29, 20171035

According to a recent study by real estate website Trulia, the top 10 slowest U.S. housing markets take six months or more for sales....

New Hope for Mortgage Relief

Carolyn M. BrownOctober 31, 2012November 18, 2017

by Carolyn M. BrownOctober 31, 2012November 18, 2017679

Because of the complexity of the mortgage market and the agreement, which will be executed over a three-year period, borrowers will not know right away...

Money