Hispanic Wealth Project Adds Corporate Partners for 2017
Launches several new initiatives aimed at narrowing the wealth gap
The Hispanic Wealth Project™ ( HWP ), a blueprint to triple Hispanic household wealth by 2024 , is pleased to announce the addition of several new partners for 2017 . HWP has focused its efforts on three component goals : Advancing sustainable homeownership , improving the success of Hispanic entrepreneurs , and increasing Hispanic investments in noncash financial assets . The 2017 HWP partners will contribute to these component goals by both sponsoring and fulfilling initiatives with the HWP .
In the HWP Chairman ’ s Circle , Wells Fargo Home Mortgage has pledged to make $ 125 billion in mortgage originations to Hispanic homebuyers . The company has also committed to substantially increase the number of Hispanic home mortgage consultants it employs , and will contribute $ 10 million in funding grants to promote financial education and counseling for first-time homebuyers .
At the Benefactor level , Freddie Mac and MassMutual Financial Group have committed to projects aimed at increasing knowledge and participation in savings and investments among Hispanic families and providing opportunities for affordable homeownership .
Freddie Mac is committed to serving HWP ’ s goals with mortgage products such as the Home Possible Advantage ® Mortgage and the Affordable Home Loan™ Solution . The company is collaborating with Bank of America to provide affordable mortgage products for low- to moderate-income families .
MassMutual and the HWP will work together to advance their respective missions and mutual interest in increasing knowledge of and participation in savings and investments among Hispanic families . By providing services that help their members achieve important financial goals , MassMutual makes great strides in improving the economic well-being of their members , communities and America at large .
At the Trustee level , Bank of America , Quicken Loans and Union Bank have dedicated resources to support the HWP through the promotion of programs aimed at increasing Hispanic homeownership and small business ownership . All three HWP Trustees have supported the project since its inception .
At the Contributor level , New American Funding , the largest Hispanic-owned mortgage company in America , has aligned with the HWP to bring career opportunities and mortgage financing to Hispanic homebuyers . The Hispanic Wealth Project will continue to add partners throughout the year and will host its second annual Hispanic Wealth Project Symposium on May 23 , 2017 , at the Hyatt Regency La Jolla .
About HWP : The Hispanic Wealth Project , a nonprofit 501 ( c ) 3 organization , is committed to empowering Latinos to fully participate and prosper in the U . S . economy through education , small
business development and sustainable homeownership . For more information , please visit http :// hispanicwealthproject . org /
U . S . Latino News Bites
MamásLatinas is thrilled to announce that Rosie Rivera , Latina celeb , philanthropist , motivational speaker , CEO of the Jenni Rivera Enterprises , founder of the Sister Samalia movement to help women who have been victims of abuse , mom of three and wife , has joined our editorial team as a weekly vlogger .
" I ’ m very excited to be part of this community of moms and friends as we share , learn , laugh and grow together . In a world where social media can be used for so much harm , it ’ s a blessing to be part of a group that uses it for good . I hope to share some of my knowledge , but I also know that I ’ ll learn so much from all the Latina moms on MamásLatinas ,” said Rivera on her collaboration with the bilingual website .
In her first video post for MamásLatinas , she appears in the delivery room 1.5 hours after giving birth to her third son Elias , just a few weeks ago . Rosie filmed herself drinking her own placenta smoothie .
“ We ’ re huge fans of Rosie ' s and know her weekly entries will be a source of real inspiration for all moms ,” said Johanna Torres , Editor-in-Chief of MamásLatinas . “ Her posts will focus on self-care topics like making good decisions for your health , positive motivation and how to feel good about yourself as a mom . She has so much to share with our audiences from personal experience and her day-to-day life as a busy entrepreneur and mom .” Rosie Rivera joins celebrity mom contributors Adamari López , actress and host of Un Nuevo Día and Suelta la Sopa ' s Carolina Sandoval as a weekly vlogger for MamásLatinas .
MamásLatinas is the first bilingual online destination dedicated to connecting , entertaining and empowering Latina moms . Reaching more than 5 million monthly unique visitors , MamásLatinas super-serves the culturally unique interests and needs of its audience with a combination of dynamic community and compelling editorial content .
This Issue of Latin Times Magazine is sponsored by 15