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PewHispanic.org | Remittances
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Founded in 2001, the Pew Hispanic Center is a non-partisan research organization supported by The Pew Charitable Trusts. Its mission is to improve understanding of the U.S. Hispanic population and to chronicle Latinos' growing impact on the entire nation. The Center does not advocate for or take positions on policy issues. It is a project of the Pew Research Center headquartered in Washington, DC.
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Hispanics and the Economic Downturn: Housing Woes and Remittance Cuts
Like the U.S. population as a whole, Latinos are feeling the sting of the recession. Almost one-in-ten (9%) Latino homeowners say they missed a mortgage payment or were unable to make a full payment and 3% say they received a foreclosure notice in the past year, a new Pew Hispanic Center survey finds. Some 36% say they are worried that their own home may go into foreclosure. The recession has also seen a decline in the amount of money that Hispanic immigrants sent in the past year to relatives or others in their country of origin.
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The Remittance Marketplace: Prices, Policy and Financial Institutions
Research by the Pew Hispanic Center points to difficulties in achieving further price reductions; limited penetration of the market by financial institutions. On the eve of the annual summit meeting of the world's leading industrialized nations, the Pew Hispanic Center released a detailed evaluation of how much it costs for immigrants to send money back home to their families in Latin America.
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Remittance Senders And Receivers
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Billions In Motion
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Note...
How come some of the people shown on the left don't look Hispanic?Hispanic or Latino is not a race. There are Latinos of many different races and physical characteristics. For more information see our FAQ article, Why doesn't the census include Hispanic as a race?, and the Latino Blog post Let's Stop Segmenting People by Race!