Trade Groups Unite on Diversity Efforts

Mar 14, 2018

The Mortgage Bankers Association (MBA) is teaming with the National Association of Minority Mortgage Bankers of America (NAMMBA) on a formal strategic partnership to designed to promote diversity and inclusion within the industry.

In this partnership, the two associations collaborate on certain conferences and meetings, as well as producing industry advocacy and research and promoting efforts aimed to further a diverse workforce, including recruitment and professional development scholarships. MBA will offer a discount to NAMMBA members on their purchases of qualified MBA products, including many MBA Education offerings.

"The real estate finance industry must continue to enhance diversity and inclusion in order to retain and recruit the best workforce possible," said David H. Stevens, President and Chief Executive Officer of the MBA. "Our industry helps individuals and families achieve the American dream; we have to make sure that dream is available to everyone, and that our workforce reflects the customer base we serve."

Tony Thompson, Founder and Chief Executive Officer of NAMMBA, said, "Forging a partnership with the MBA to promote inclusion is paramount to furthering NAMMBA's mission to provide education and professional development to women and minorities in mortgage lending. Together, MBA and NAMMBA can respond to the clarion call in our industry for more diversity so that we may better serve our customers no matter where they live or what they look like."

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Phil Hall

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Mar 14, 2018

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