Nat’l Officials to Address Crucial Need to Stabilize Housing Market at 2012 NCLR Annual Conference




July 06 2012

FOR IMMEDIATE RELEASE

Contact:
Camila Gallardo
(305) 573-7329
cgallardo@nclr.org

NCLR Press Office in Las Vegas
(702) 322-5587

LAS VEGAS—The foreclosure crisis and tight credit continue to slow down our nation’s housing recovery. Many families of color were steered toward unsustainable mortgages; others lost their jobs in the economic downturn resulting in unprecedented home loss. In the last three years alone, communities of color have lost almost or more than? half of their wealth. But in the midst of these setbacks, borrowers have also won some crucial victories over the past year, including the recent Attorneys General settlement, the opening of the Consumer Financial Protection Bureau (CFPB), and the appointment of Richard Cordray as Director of the CFPB. 

Join NCLR (National Council of La Raza) on Monday, July 9, at the 2012 NCLR Annual Conference in Las Vegas for a town hall featuring high-profile housing panelists and federal officials, including Cordray, who will discuss how to fix the broken mortgage market by making it more transparent, fair, and accountable.

To cover this event, press can register for the 2012 NCLR Annual Conference, free of charge, at the press registration website.

MEDIA ADVISORY

WHAT: Town Hall: Don’t Quit the Dream: A Vision for Homeownership Beyond 2012

WHO: Moderator
Maria Elena Salinas, Co-Host, Noticiero Univision and Aquí y Ahora

Featured Speakers
Richard Cordray, Director, Consumer Financial Protection Bureau
Shaun Donovan, Secretary, U.S. Department of Housing and Urban Development

Respondents
Gerardo Ascencio, President, National Association of Hispanic Real Estate Professionals
Maria Cabildo, President, East LA Community Corporation

WHEN: Monday, July 9, 2012; 3:00–4:30 p.m.

WHERE:
Mandalay Bay Convention Center
Mandalay Bay Ballroom E
3950 Las Vegas Boulevard, South
Las Vegas, NV 89109

NCLR—the largest national Hispanic civil rights and advocacy organization in the United States—works to improve opportunities for Hispanic Americans. For more information on NCLR, please visit www.nclr.org or follow along on Facebook and Twitter.

###
   

Issues: Wealth-Building
Geography:California, Far West, Midwest, Northeast, Southeast, Texas