Good Morning! Today is Wednesday, March 16. Two journalists working for Fox News were killed when their vehicle came under fire outside Kyiv. Pfizer asked federal regulators to authorize a second booster shot for adults 65 and older. The Senate passed a bill to make daylight saving time permanent. The Mortgage Note Reports New Chair: JPMorgan Chase’s Cerita Battles has been appointed chair of NAHREP’s 2022 Corporate Board of Governors. Loans Down: Mortgage loan application volume fell 1.2% last week, with refis down for both conventional and government loans. And in other mortgage and housing news… Ginnie EVP: Ginnie Mae President Alanna McCargo announced the appointment of the GSE’s first Latino Executive Vice President, Sam Valverde. Latino Homeowners: Realtor.com’s 2022…
JPMorgan Chase exec Cerita Battles has been appointed chair of The National Association of Hispanic Real Estate Professionals’ (NAHREP) 2022 Corporate Board of Governors. The organization made the announcement in a press release issued on March 14. “We are blessed to have Cerita join the NAHREP Corporate Board of Governors. Cerita’s many years of respected leadership and successes in expanding homeownership and generational wealth will steward the NAHREP legacy for a new generation,” said 2021 NAHREP President Sara Rodriguez. Battles will co-chair the board with Rodriguez. She brings with her 30 years of finance industry experience, of which 23 years were specifically dedicated to mortgages. She currently serves as Managing Director, Head of Community & Affordable Lending, at JPMorgan Chase.…
New data from the Census Bureau confirms that Hispanic households continue to make significant gains despite the challenges they face in the hot housing market. The National Association of Hispanic Real Estate Professionals (NAHREP) released a statement celebrating the finding of the U.S. Census Bureau’s Current Population Survey/Housing Vacancy Survey. The survey found that Hispanic homeownership rates rose to 48.4% in 2021, up by 657,000 households since 2019. Of the total, a net 1,025,000 were new households, which account for 27% of household formation growth in the last two years. Additionally, Hispanics added 1,025,000 net new households, accounting for 27% of household formation growth over the last two years. However, potential Hispanic homeowners face many challenges. Latino homeowners trailed the…
