Wells Fargo to Increase Its Aim Toward Hispanic Borrowers

Wells Fargo Home Mortgage has set a new goal of providing $125 billion in home loans to as many as 500,000 Hispanic potential homebuyers over the next 10 years. The Des Moines Register has previewed the plan that the West Des Moines-based lender is scheduled to announce later today. This new endeavor–which is tied to…

Wells Fargo mortgage goal: $125B to Hispanic buyers

Des Moines Register exclusive: Wells Fargo Home Mortgage plans to announce a new goal Tuesday to lend $125 billion, or about 500,000 mortgages, to Hispanic households during the next decade. Wells Fargo Home Mortgage is announcing an ambitious plan to loan $125 billion to as many as 500,000 Hispanic homebuyers over the next 10 years — capitalizing on…

Wells Fargo announcing $125 billion effort to help homebuyers

DES MOINES, Iowa —Wells Fargo Home Mortgage announced Tuesday its support of the National Association of Hispanic Real Estate Professionals’ “Hispanic Wealth Project,” which seeks to triple Hispanic household wealth over the next decade.   WATCH VIDEO Wells Fargo announced the project includes a projected $125 billion in mortgage originations and $10 million to support…

NAHREP Initiative Hopes to Triple Hispanic Household Wealth Over 10 Years

National Association of Hispanic Real Estate Professionals’ Hispanic Wealth Project has received the support of an American multinational financial institution, which posseses a $125 billion lending goal, helping to support financial education and counseling, and triple Hispanic household wealth over 10 years. On September 15, the first day of Hispanic Heritage Month, NAHREP and Wells…