Skip to main content

New Platform Aimed at Spanish-Speaking Homebuyers

Phil Hall
Aug 12, 2019
Nationwide Mortgage Bankers (NMB), an independent mortgage lender headquartered in Melville, N.Y., has introduced Americasa, an online platform designed for Spanish-speaking homebuyers

Nationwide Mortgage Bankers (NMB), an independent mortgage lender headquartered in Melville, N.Y., has introduced Americasa, an online platform designed for Spanish-speaking homebuyers.
 
The company cited 2017 data from U.S. Census Bureau that determined 41 million people in the U.S. speak Spanish at home, with only 59.9 percent of that share speaking English ‘very well.” NMB added that Americasa is designed to help Spanish-language speakers feel more empowered in learning more about the mortgage lending process.
 
"I am very excited to announce the launch of Americasa for our Spanish-speaking customers,” said Richard Steinberg, Founder and Chairman of the Board at NMB. “We feel this market is highly underserved and look to be the go- to source for Spanish speaking organizations.”
 
In April, the National Association of Hispanic Real Estate Professionals (NAHREP) released a study that found the nation’s Hispanic population recorded a net gain of 362,000 homeowners last year, resulting in an increased Hispanic homeownership rate from 46.2 percent in 2017 to 47.1 percent in 2018. NAHREP also noted that the nation’s 58.9 million Hispanics account for 18.1 percent of the overall U.S. population. By 2045, NAHREP added, non-Hispanic Whites will become 49.7 percent of the total population while Hispanics will account for 24.6 percent of the U.S. population and other racial or ethnic groups will account for the remaining percentage.

 
Published
Aug 12, 2019
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022