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88%  
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  • Cisneros urges helping Latinos avoid foreclosure[La Raza]

    02/25/2009 9:14:44 AM PST · by SwinneySwitch · 31 replies · 1,547+ views
    San Antonio Express-News ^ | 02/25/2009 | Gary Martin
    Stemming home foreclosures in Hispanic communities is crucial to restoring financial stability and ending the nation's economic crisis, former Housing Secretary Henry Cisneros said Tuesday. “It is critical for this country to grow the backbone of its economy, its middle class, and the future middle class in large measure is going to be Latino,” Cisneros said. Cisneros made the comments during a telephonic symposium on Latinos and the economy — “Back to Basics: Restoring Latino Financial Security” — sponsored by the National Council of La Raza, the nation's largest Hispanic rights organization, and the Center for American Progress, a left-leaning...