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HUD calls for protection of non-English buyers

Sep 27, 2016
The Department of Housing and Urban Development recently released new guidance that emphasizes the Fair Housing Act also protects homebuyers who have limited English proficiency. 
 
The new guidance particularly flags mortgage brokers and lenders, emphasizing they must provide borrowers with limited English proficiency access to mortgage programs. HUD says it has become alarmed over cases where lenders have denied Hispanic and other non-English speaking borrowers’ requests to get loan documents translated.
 
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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.

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