How Workplace Diversity Impacts Growth
American Mortgage Diversity Council recently hosted a panel of experts in workplace diversity and inclusion on a webinar entitled "How D&I Directly Impacts Health and Growth. Whether you’re starting at square one of D&I initiatives, or have long-established...
Industry Groups React to Janet Yellen’s Treasury Secretary Confirmation
In what the Treasury Department is calling a "historic vote," the Senate, confirmed Janet Yellen as the Secretary of the U.S. Treasury Department. In what the Treasury Department is calling a "historic vote," the Senate, confirmed Janet Yellen as the Secretary of the...
Marcia Fudge Vows to Serve Most Vulnerable Americans
Marcia Fudge appeared Thursday before the Senate Committee on Banking, Housing, and Urban Affairs as a Biden-Harris administration nominee to serve as Secretary of Housing and Urban Development (HUD). The 68-year-old faced a few challenging questions from...
Executive Order Instructs HUD to Examine Disparate Impact Rule
President Joe Biden Tuesday issued a string of executive actions related to racial equality; those included a directive to the Department of Housing and Urban Development (HUD) to examine the effects of the September 24, 2020, rule entitled “HUD’s Implementation of...
DS News Spotlights the Industry’s ‘Most Valuable Companies’
“This year has tested our entire industry," said David Wharton, Managing Editor of DS News. “With this new ‘Most Valuable Company’ feature, DS News will bring you inside looks at how individual organizations are pushing forward, driving innovation, and finding success...
The American Dream of Homeownership is ‘Very Much Alive’
Sarah Paynter, a real estate reporter at Yahoo Finance, The Real Deal, and Newsday, moderated a homeownership demographics-focused panel at Thursday's NAR Real Estate Forecast Summit: Post-Election Outlook. Guests on the panel included Rodney Harrell, VP of Family,...
Real Estate Fund Designates $1 Billion to Communities of Color
The Los Angeles-based real estate fund SoLa Impact has rolled out the Black Impact Fund, a $1 billion initiative focused on communities of color with major urban markets. (Story by Phil Hall) The Los Angeles-based real estate fund SoLa Impact has rolled out the Black...
Despite Improvement, Home Values Lag for Communities of Color
As home prices reach pre-recession levels, the value gap between communities of color and the typical American home remains pronounced, but the disparity is shrinking... As home prices reach pre-recession levels, the value gap between communities of color and the...
AMDC Member Company Recognized With Diversity Award
Seven mortgage bankers are being recognized as leaders in inclusion and diversity efforts. Yearly, the Mortgage Bankers Association (MBA) spotlights companies that are outstanding in areas of organizational diversity and inclusion-and-outreach strategies. Five...
Initiative Targets ‘Disproportionate’ Challenges of Black Homeownership
Black homeowners face more foreclosures, more tax liens, and higher unemployment rates than their non-Black counterparts—a New York City-based project powered by data and artificial intelligence revealed these racial disparities in homeownership. The collaboration...