MBA, other stakeholders collaborate to attend to racial homeownership space
The Mortgage Bankers Association (MBA) on Monday revealed the launch of a brand-new effort including 12 other business stakeholders. The entities will look for to discover possible services for closing the racial homeownership space.
The brand-new effort is available in the kind of a group called the "CONVERGENCE Collaborative," which is a "collaborated effort to recognize and establish options to assist close the racial homeownership space," according to a statement released by MBA. The group is devoting more than $1 million each year "to develop on the existing network of location-based CONVERGENCE websites concentrated on broadening minority homeownership."
In addition to MBA, the organizational lineup consists of the American Land Title Association (ALTA), DHI Mortgage, Fannie Ma...