The Mortgage Bankers Association's Commitment to Diversity
MBA is committed to increasing racial, gender and ethnic diversity within its leadership and encouraging diversity throughout its membership. We view this commitment as a strategic imperative for our industry.
Diversity strengthens MBA, strengthens our companies and strengthens our industry as we continue to reach out to our increasingly diverse customers. MBA benefits when our leaders represent the full breadth of our markets and the richness of our society.
Highlighted below are MBA’s key strategic initiatives for diversity, 2007 program initiatives, and additional resources on how you can join MBA in furthering a culture of diversity in the real estate finance industry. Join MBA through the resources provided below in preparing the industry to address the needs of the culturally diverse marketplace in which we do business.
MBA's Key Initiatives
MBA's Program Initiatives
- To increase diversity within MBA’s leadership.
MBA increased diversity within its leadership by over 15 percent in 2006 and has set a goal of increasing the diversity of its leadership by a total of 30 percent by 2007. We seek to reach this goal through the leadership opportunities available on MBA committees and working groups.
- To increase the number of diversity candidates and graduates of MBA’s Education Programs.
MBA offers several programs geared towards increasing diversity in the mortgage industry. Through our Welcome Home and Path to Diversity programs, MBA seeks to provide educational opportunities and scholarships to diverse candidates.
- To increase partnerships with other groups devoted to increasing diversity within the real estate finance industry.
MBA has established partnerships with organizations that share our commitment to diversity. These organizations include: The National Association of Neighborhoods, the Congressional Black Caucus and the Congressional Hispanic Caucus Institute.
Fourth Annual Mortgage Lending Industry Strategic Markets and Diversity Conference
MBA is a proud sponsor of the Fourth Annual Mortgage Lending Industry Strategic Markets and Diversity Conference. The MLID Conference focuses on strategic markets, affordable housing, and diversity inclusion. The conference will also address solutions to reduce the minority homeownership gap by increasing racial and ethnic diversity within the workforce. Click here
for more information. MBA's Corporate Diversity Leadership Awards
The Corporate Diversity Leadership Awards recognizes individuals and companies who have successfully incorporated diversity initiatives into their everyday internal and external business practices. Hosted by MBA's Diversity Task Force, the program honors an individual for Diversity Champion of the Year and a company or organization for Best Overall Corporate Diversity Program. Stay tuned for information, including application materials and deadlines. Join us in shaping the future of the real estate finance industry.
Participation in one or more of the Mortgage Bankers Association’s advocacy programs, and/or Residential and Commercial/Multifamily committees is a great way to get involved. Visit our Web site at http://www.mortgagebankers.org/AboutMBA/GovernanceandManagement
for more information on MBA Committees. Relevant News and Information
by Jonathan L. Kempner Mortgage Banking
Magazine, June 2005 Industry Campus eNewsletter
Special Issue on Diversity, May 2005 MBA Partner Links
The National Association of Neighborhoods Congressional Black Caucus Congressional Hispanic Caucus Institute