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Tag Archives: Inclusion

Are We Headed Toward a Housing Microbubble?

Five Star President and CEO Ed Delgado spoke at the Federation of Certified REO Experts (FORCE) Rally and American Mortgage Diversity Council (AMDC) meeting Tuesday discussing the industries hardest hit topics: Diversity and a potential housing bubble.

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Industry Group Launches Diversity Effort

The mortgage industry has taken a big step toward diversification thanks to one its largest professional groups. On Wednesday, the Federation of REO Certified Experts—or FORCE, for short—announced the launch of its Diversity Council, a team dedicated to embracing and encouraging diversity in the REO, default servicing, and mortgage industries at large. The council will consist of six unique committees: Latino Professionals in FORCE, Asian Professionals in FORCE, Black Professionals in FORCE, Women Professionals in FORCE, LGBT Professionals in FORCE, and Veteran Professionals in FORCE.

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CFPB Outlines Diversity, Inclusion Strategies

Participants in the CFPB's Divesity and Inclusion Meeting meeting included representatives from the mortgage industry, including from larger and smaller banks, as well as some nonbank financial companies. In addition, staff from the OWMI of other federal agencies, including the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, and Federal Housing Finance Agency (FHFA) were included.

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FHFA Dives into Diversity and Inclusion

For Melvin L. Watt, Director of the Federal Housing Finance Agency, diversity and inclusion in the mortgage and lending arena is “a business imperative” that goes far beyond political correctness and statutory obligations outlined in the Housing and Economic Recovery Act of 2008.

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Diversified We Stand Divided We Fall

There is a demographic shift happening within the mortgage profession. In an industry that is so male and white-focused, women and minorities are often passed over for well-deserved positions and promotions, but this idea is being reshaped and redefined right before our eyes. This select print feature appears in the October 2015 edition of MReport magazine, available now.

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