MBA, NAMMBA Partner To Promote Diversity

The Mortgage Bankers Association (MBA) and the National Association of Minority Mortgage Bankers of America (NAMMBA) announced today that the two associations will form a formal strategic partnership to advance each other’s diversity and inclusion efforts.

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“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, CMB, President and CEO of 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.”

“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,” said Tony Thompson, CMB, founder of NAMMBA. “Together, the 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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The agreement will help the two associations collaborate on certain conferences and meetings, work together on industry advocacy and research, and promote efforts aimed at furthering diversity and inclusion, including recruitment and professional development scholarships.

In addition, MBA will offer a discount to NAMMBA members on their purchases of qualified MBA products, including many MBA Education offerings.

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NAMMBA is a national trade association dedicated to the enrichment and betterment of minorities and women who work in the mortgage industry. NAMMBA’s mission is to increase the engagement of minorities and women in the Mortgage Banking Industry at the local, state and national level. For more information visit www.nammba.org.

MBA is the leading voice in the real estate finance industry. MBA is committed to increasing racial, gender, sexual orientation and ethnic diversity within the mortgage banking industry. For more information on MBA’s efforts, please visit mba.org/diversity.

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