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Wells Fargo Announcing $125 Billion Effort to Help Hispanic Home Buyers

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.

Wells Fargo announced the project includes a projected $125 billion in mortgage originations and $10 million to support initiatives to promote financial education and counseling for Hispanic homebuyers.

According to a news release, Wells Fargo also announced the goal of increasing the number of Hispanic home mortgage consultants on its sales team.

 

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