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Mortgage companies can open doors to homeownership for more minorities by incorporating low-down payment financing options; closing cost credits; down-payment assistance; diverse, in-market sales teams ready to provide access and support; and more, writes the chair of the Mortgage Bankers Association.
Guild Mortgage named Victoria Garcia DeLuca as the company's vice president of marketplace diversity strategy, which is aimed at increasing homeownership among minorities and underserved markets.
Network18 launches Sanitation for all pledge under Mission Paani initiative
The pledge commits to fostering public policies and industry practices that promote and sustain minority homeownership and affordable rental housing.
Newly installed MBA Chairman Kristy Fercho, executive vice president and head of home lending at Wells Fargo, announced the “Home for All” pledge during her keynote address at MBA’s annual convention & expo in San Diego on Monday.