NAREB to mortgage lenders: Use SPCPs to boost Black homeownership
Housing Wire
APRIL 3, 2023
In turn, Lydia Pope, president of the National Association of Real Estate Brokers (NAREB), is urging mortgage lenders to accelerate special purpose credit programs (SPCPs) to boost Black homeownership rates and help close the wealth gap between Black and white Americans. Homeownership is the major driver of wealth for Black families.
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