The Mortgage Bankers Association (MBA) announced that its Chairman, Debra W. Still, CMB, will assume leadership of the group’s charitable efforts, effective immediately. The MBA Opens Doors Foundation was established as the umbrella organization for MBA’s charitable giving platform.
MBA Opens Doors was developed as an industry association model for utilizing both expertise and resources to help individuals and families dealing with challenging situations. The first initiative is a monthly housing payment grant program. It provides assistance to families with a critically ill or injured child, so that parents may take time away from work to spend precious moments with their children without jeopardizing their home. To date, MBA Opens Doors has raised over $275,000 and has given 48 grants to deserving families in the Washington, D.C., metro area.
“Deb is one of the most passionate, talented, hard-working leaders in our industry and we are thrilled she has agreed to lead MBA’s charitable initiatives,” said David Stevens, MBA’s President and CEO. “If she brings half the leadership, passion and energy to this position that she has exemplified over the last year as MBA’s Chairman, the Opens Doors Foundation will be in great hands.”
“Being MBA Chairman for the past year has been one of the great honors of my career,” said Still. “The opportunity to serve our industry by helping homeowners and renters in need is a privilege, and I am excited by the challenge of both growing the MBA Opens Doors Foundation and broadening its reach.”
Still continued, “There are so many families across the country dealing with difficult financial situations related to caring for a critically ill or injured child. Our mission, which is very much aligned with our commitment to the real estate finance industry, is to help with housing expense relief and make life just a little easier for as many of those families as we can. We look forward to offering lenders and all others a new and meaningful way to experience the joy of giving.”