Hispanic Borrowers Diminishing in California Housing

Source: Bloomberg The Hispanic share of the market for home mortgages fell to 22 percent in 2013 from 24 percent the prior year and is now barely half of the 2006 peak, according to an analysis of federal lending data by the Urban Institute. While Hispanics account for 39 percent of the population, more Hispanics are dropping out of the market even as their numbers grow, surpassing whites this year as the largest ethnic group in California. Read the full story