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Homeownership For Minorities Research Paper

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The American Dream

Turning a Dream into Reality for Minorities

Executive Summary
Homeownership for minorities is a dream, not a reality. Large gap in homeownership between Whites and African Americans and Hispanics population
Average 26.7% behind White homeownership

Major misconceptions about lending process and unfair lending practices contribute to minority homeownership rate gaps Identify and correct the issues – increase market share, revenue and homeownership rates. Keep the dream alive
Educate consumers Provide flexible and innovative products and services

Minority Population: Fast Pace Growth
Black and Hispanic communities account for 81.5% of total minority population by 2025 Hispanics - fastest growing race in U.S.


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