Housing and Latino Leaders Convene in D.C. on Issues Affecting Hispanic Homeownership, a Current Force in the Market

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Housing and lending industry leaders from around the country meet with National Association of Hispanic Real Estate Professionals to discuss issues affecting the Latino homebuyer market and affordable access to homeownership.

WHAT:
The National Association of Hispanic Real Estate Professionals (NAHREP) presents its annual Housing Policy and Hispanic Lending Conference set to gather housing and lending industry leaders from around the country to discuss issues affecting the Latino homebuyer market and affordable access to homeownership.

WHO:
Key speakers at the event include Housing and Urban Development Secretary, Julián Castro, Illinois Congressman Luis V. Gutiérrez, Fox News Correspondent, Tucker Carlson, and Secretary of HUD under the Clinton administration, Henry Cisneros. Also present will be NAHREP Co-Founder and CEO, Gary Acosta; NAHREP 2016 President Joseph Nery; NAHREP 2015 President Teresa Palacios Smith; NAHREP Executive Director Marisa Calderon and researchers and chief economists from organizations such as Urban Institute, the Mortgage Bankers Association, as well as finance industry leaders.

WHERE:
Fairmont Washington, D.C
2401 M Street, NW
Washington, District of Columbia 20037

WHEN:
Tuesday, March 15 to Thursday, March 17, 2016.

General Sessions are listed below and the full agenda can be found at nahrep.org/dc2016/agenda.

Tuesday, March 15, 2016 (Grand Ballroom)
12:00 PM - 1:30 PM:
Keynote Luncheon
As 16th Secretary of the U.S. Department of Housing and Urban Development and the second Latino to hold that position, Julián Castro gives an update on the state of housing in America. In his role, Secretary Castro has charged HUD with one goal: giving every person, regardless of their station in life, new opportunities to thrive. As the highest ranking housing official in government, he provides his vision for the future of real estate and housing in America.

Tuesday, March 15, 2016 (Roosevelt)
2:00 PM - 3:00 PM:
State of the Hispanic Homeownership Release
The release of the association’s sixth annual State of Hispanic Homeownership Report with a panel of experts exploring the findings and implications from the report. This session is a must-see for those interested in the major force Latinos currently play and will continue to play in the future of the real estate and housing sector. Key issues include affordable access to credit, immigration reform, population growth and Hispanic consumer attitudes and buyer nuances.

Tuesday, March 15, 2016 (Grand Ballroom)
3:30 PM – 5:00 PM:
Opening General Session: State of the Association & Housing Policy
The NAHREP leadership team takes a look back at 2015 and discusses the various milestones the organization achieved in the last 12 months. They map out future goals and objectives for 2016 and beyond. Then, housing policy thought leaders convene on stage for a robust discussion on policy issues that are addressed by the country's leading real estate trade associations. The panelists break down NAHREP's annual policy positions and offer their insight on the intricate issues as policy experts.

Wednesday, March 16, 2016 (Grand Ballroom)
9:00 AM – 10:30 AM:
General Session 2: Interest Rates/Economic Outlook & Mortgage Availability
In the wake of the Federal Reserve interest rate increase, a panel of senior economists from various parts of the real estate industry make predictions on the future of interest rates into 2016 and the impact any changes will have on the housing industry. Then, mortgage experts converse on new and existing regulation that impacts mortgage availability and different products in the market that are most relevant to Hispanic homebuyers. They take a look at new industry-changing loan products and the nuances important to Latinos.

Wednesday, March 16, 2016 (Grand Ballroom)
10:45 AM – 11:30 AM
General Session 3: Presidential Election Update
The U.S. presidential race is in full swing across the states. With a slew of candidates from across the political spectrum, the stakes are high in the battle for the White House. Conservative political pundit and Fox News Channel correspondent Tucker Carlson and former Secretary of HUD under the Clinton administration Henry Cisneros square off in a lively bipartisan discussion on the impending presidential elections. The two political experts break down the likely outcomes the remaining candidates would have on Hispanic homeownership in 2017 and beyond.

Wednesday, March 16, 2016 (Grand Ballroom)
2:00 PM – 3:30 PM
General Session 4: Housing Inventory & Growing the Hispanic Workforce in the Housing Industry
The most recent survey of NAHREP members provided insight into the challenges real estate professionals face in today's market. Respondents reported the primary barrier to homeownership across the U.S. is a consistent lack of affordable housing. Panelists discuss the issue as well as the status of new construction, underwater homeowners, and REO disposition strategies and their respective impact on housing inventory. A second panel of executives from up-and-coming lending institutions and industry veterans discuss what their respective companies are doing to foster the growth of Hispanic professionals in the industry. NAHREP estimates a need to double the number of Latinos servicing the real estate and mortgage industries to meet the coming demand. The panel discloses various initiatives that will be deployed to meet this demand.

Wednesday, March 16, 2016 (Grand Ballroom)
3:45 PM – 5:00 PM
General Session 5: Business Opportunity in Mortgage & Business Opportunity in Real Estate
Industry frontrunners from top real estate franchises and mortgage banks discuss business opportunity in the Hispanic homebuyer market at two separate townhall events. NAHREP aims to defy the perception that the Hispanic market is a CRA box to check, and to help companies connect with the fastest growing segment of the population that is ripe for homeownership. The Hispanic market is no longer a niche market but central and core to any company set to grow.

Wednesday, March 16, 2016 (Grand Ballroom)
7:00 PM - 10:00 PM
Presidential Installation Gala
Now in his twelfth term, Congressman Luis V. Gutiérrez is an experienced legislator and energetic spokesman on behalf of his constituents in the heart of Chicago. He is nationally recognized for his tireless leadership championing issues of importance to Latinos, specifically his role in advocating for executive action by President Obama to provide deportation relief to long-term undocumented immigrants and their families. Recipient of the 2015 NAHREP Ernest J. Reyes Award, Congressman Gutiérrez keynotes the Presidential Installation Gala where 2016 NAHREP President and Chicago native, Joe Nery, takes his place at the helm of the association.

About NAHREP
The National Association of Hispanic Real Estate Professionals, a nonprofit 501(c) 6 trade association, is dedicated to advancing sustainable homeownership among Latinos by educating and empowering the real estate professionals who serve them. NAHREP is the premier trade organization for Hispanics and has more than 20,000 members in 48 states and 35 affiliate chapters.

Press Contact:
Nayeli Pelayo, NAHREP, npelayo(at)nahrep(dot)org, (818) 207-9232

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