MBA pushes to increase diversity in mortgage lending

Announces partnership with NAHREP, hosting 2nd diversity conference By Ben Lane Citing the impending shift in the country’s demographics, the Mortgage Bankers Association is taking a leadership role in preparing the mortgage industry for the future. In an exclusive interview with HousingWire, Bill Emerson, the chairman-elect of the trade group and the chief executive officer…

Mortgage Pitch to Millennials Focuses on Diversity

By Bonnie Sinnock Millennial-age workers recently outnumbered their Gen-X peers for the first time ever. But the average loan officer is 54 years old, and industry groups are taking steps to help expand outreach to the next generation of mortgage professionals. According to first-quarter data from the Pew Research Center, more than 53 million workers…

NAHREP Announces Nuevo Latino Tour

The National Association of Hispanic Real Estate Professionals (NAHREP) has announced a 25-city national tour featuring 53 Million & One, a NAHREP original theatrical performance that tells the story of an immigrant from rural Mexico who comes to the U.S. and succeeds as a real estate entrepreneur to live the American dream. The Nuevo Latino…

Hispanics Eye Larger Share of Market

Hispanics will be a big driver of home sales in the next decade, as they are expected to account for 7 million of the 17 million new households formed between 2010 and 2025, according to the National Association of Hispanic Real Estate Professionals’ 2014 State of Hispanic Homeownership Report. Last year, there were 320,000 new…