“According to national studies, Latinos are 2.5 times more likely than whites to receive one of the infamous so-called subprime loans, that consist of low interest rates for a limited period of time that are later adjusted to the market,” says the New American Media. Many families qualified for mortgages they could not sustain, […]
Entries Tagged as 'Predatory Lending'
Language Barrier and National Credit Crisis Affects Latino Families
September 28th, 2007 · No Comments
Tags: Bilingual · Employment · Spanish-Speaking · Education · Business · Mortgage · Predatory Lending · Contracts · Real Estate · Crime · Diversity · English as a Second Language · Spanish · News · Tools · Study English · Study Spanish · Law · Lawyer · Family · Programs
