Thursday, July 31, 2008

RealEstateLatino.com Announces Advisory Board Members.





For Immediate Release

RealEstateLatino.com Announces Advisory Board Members.

Jacksonville, Florida. – (July 31, 2008) – RealEstateLatino.com(REL), the nation’s leading online real estate educational resource for the Latino community, announced today that it has formed an advisory board comprised of industry leaders that will assist REL achieve its mission. “After careful considerations and due diligence, REL is proud to welcome Tino Diaz, Managing Director & CEO of Charis PROS and Vice Chair of the National Association of Hispanic Real Estate Professionals (NAHREP); Anna Alvarez-Boyd, vice President and Programs Manager of the Congressional Hispanic Caucus Institute (CHCI); Robb Heering, Founder and CEO of Casa Latino Real Estate Franchise; Mercy Lugo-Struthers, former AOL Latino’s Director of Hispanic Marketing and Real Estate Entrepreneur; and Pablo Wong, Senior Vice President for Fidelity National Financial,” said Bill Arce, the President and CEO of REL Inc.

Earlier this year, REL announced its code of honor, “Impeccable Ethical Behavior”, and the services of AT Funding as its first provider of real estate financial services to REL customers. Most recently, REL secured John Maley as its CFO.

The advisory board will guide REL in the development of its business strategy, consumer education program, web content and design, internet positioning and marketing. “The tremendous knowledge and diversity in their strengths and background will be of tremendous importance to REL. They are successful professionals and have displayed a commitment to excellence in promoting sustainable home ownership in the Latino community,” said Mr. Arce.

“In these times of change and strife in the real estate market, there is a desperate need for consumers to find trustworthy information and professionals that enable them to become homeowners. I could not be more pleased to see the introduction of this venture by my respected colleague Bill Arce. Bill has given a great deal of devotion and care over many years in creating an organization of professionals that are committed to building this nation through the application of prudent and conscientious business practices in the real estate arena. At last, it has arrived!” said Tino Diaz.

According to eMarketer, there were 15.7 million Hispanic internet users in the United States in 2005, rising to 16.7 million in 2006. The number of users is expected to grow by 33 percent over the next five years, reaching 20.9 million in 2010. “As a result of this fast-growing market segment, RealEstateLatino.com offers in its portal, direct access to real estate information, homes for sale, a real estate agent directory, and information on foreclosure prevention and predatory lending,” said Arce.

About Real Estate Latino, Inc.:

Real Estate Latino, Inc., based in Jacksonville, Fla., is the nation’s leading resource and provider of information via RealEstateLatino.com. Its mission is to meet the real estate needs and objectives of our customers through the highest ethical and best professional services. Launched in 2004, RealEstateLatino.com was founded by William R. Arce to address Latinos real estate concerns about real estate. For more information please visit, http://www.realestatelatino.com/.

Information on each of the advisory board members can be found in www.RealEstateLatino.com

Media Contact:
Dunia Arce
(904) 647-4420
Info@realestatelatino.com

Wednesday, July 16, 2008

Minority Real Estate Trade Groups Back Fed & Treasury Department's Action To Fortify Freddie Mac and Fannie Mae


WASHINGTON, Jul 14, 2008 (BUSINESS WIRE) -- Hispanic, Asian and African American real estate professionals issued a joint statement of endorsement today for the actions of the Federal Reserve Board and U.S. Treasury Department to bolster support for Government Sponsored Enterprises Fannie Mae and Freddie Mac.

The Multicultural Coalition of 70,000 combined members of the National Association of Hispanic Real Estate Professionals (NAHREP), the Asian Real Estate Association of America (AREAA) and the National Association of Real Estate Brokers announced their support of the measures by way of a letter sent to lawmakers and decision makers.

"Fannie Mae and Freddie Mac have worked closely with NAHREP, AREAA and NAREB to promote homeownership and affordable housing opportunities in minority and other underserved communities," said Timothy Sandos, President & CEO of NAHREP. "Without these important institutions, we believe that the current real estate crisis would be significantly worse, particularly for many minority families looking to finance their first homes or refinance out of existing high-cost mortgage products."

The Multicultural Coalition views the GSEs as pillars of the housing system with an essential role to growing homeownership rates in the minority and immigrant markets. The groups favor immediate actions that ensure that the GSEs have adequate access to liquidity and sufficient capital to help promote recovery in the housing market.

About NAHREP

The National Association of Hispanic Real Estate Professionals, a non-profit 501c6 trade association, is dedicated to increasing the homeownership rate among Latinos by educating and empowering the real estate professionals that serve them. Based in Washington D.C., NAHREP is the premier trade organization for Hispanics and has more than 15,500 members in 48 states and 62 affiliate chapters.

About AREAA

Established in 2003, the Asian Real Estate Association of America's membership represents a broad array of real estate, mortgage and housing-related professionals that serve the diverse Asian/Pacific-American market. AREAA is the only national trade association dedicated to representing the interest of the Asian real estate market throughout the country. It pursues initiatives that expand home ownership opportunities for more Asian/Pacific-American families, that increase business opportunities for its members, and that deliver tangible results for its national partners.

About NAREB
NAREB, founded in 1947, was formed out of a need to secure the right to equal housing opportunities regardless of race, creed, or color. Since its inception, NAREB has participated in and promoted meaningful challenges and legislative initiatives to ensure fair housing for all Americans now with membership topping 35,000 Realtists(R) in 84 chapters nationwide. For more information, visit the website at: www.nareb.com.

SOURCE: National Association of Hispanic Real Estate Professionals For NAHREP
Mary Mancera, 760-634-5007
mary@phasetwocommunications.com

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