Skip to main content

MBA and Fannie Mae Team on Diversity Endeavor

Phil Hall
Jul 24, 2019
The Mortgage Bankers Association (MBA) and Fannie Mae’s Future Housing Leaders program have launched a partnership designed to promote diversity and inclusivity in the housing finance industry

The Mortgage Bankers Association (MBA) and Fannie Mae’s Future Housing Leaders program have launched a partnership designed to promote diversity and inclusivity in the housing finance industry.
 
The partnership will connect participants in the Future Housing Leaders program with MBA member companies that are seeking to fill entry-level positions and internship opportunities. According to the organizations, the collaboration will enable Future Housing Leaders program participants to access MBA Education’s programs as well as attend networking events hosted by MBA’s mPact network for young professionals in the mortgage finance industry.
 
“Increasing diversity and inclusion in our industry isn’t just the right thing to do, it is imperative to the future of a safe and robust housing system,” said Lisa Haynes, MBA’s senior vice president, CFO and chief diversity officer. “The demographics of the country are changing, and MBA’s member companies are committed to changing with it to ensure that they can effectively serve all their customers and the market at large. This partnership will provide more opportunities for students, interns, and those just beginning their careers in the industry. It will also grow a rich, diverse talent base that will evolve into the industry’s next generation of business leaders.”
 
Nancy Jardini, Fannie Mae's senior vice president, chief compliance officer, and chief officer of the Office of Minority and Women Inclusion (OMWI)
 
“While today’s homeowners and renters are more diverse than ever before, the housing industry is lagging behind, with fewer than 27 percent of its workforce identifying as a racial or ethnic minority,” said Nancy Jardini, Fannie Mae's senior vice president, chief compliance officer, and chief officer of the Office of Minority and Women Inclusion (OMWI). “Recognizing that promoting diversity and inclusion within the industry will help ensure it has a variety of viewpoints to meet the needs of today’s homeowners and renters, Future Housing Leaders aims to build a more diverse applicant pipeline in housing. Our new partnership with MBA is an exciting opportunity to encourage more employers to reach their diversity and inclusion goals while providing entry-level talent an exceptional network and a curated set of educational material to help them succeed.”

 
Published
Jul 24, 2019
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022