MBA Endorses Black Homeownership Collaborative Plan To Significantly Increase Black Homeownership By 2030
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The Mortgage Bankers Association is endorsing the Black Homeownership Collaborative's plan to help close the Black homeownership gap by 2030, through a 7-point plan. According to the MBA, this plan would increase Black homeownership by 3 million net new households by the aforementioned year.
“Promoting safe and sustainable homeownership and closing the homeownership gap that exists within minority communities is my top priority as MBA's 2021 Chair,” said Susan Stewart, 2021 MBA chairman, and chief executive officer at SWBC Mortgage Corporation. “The mortgage industry has an opportunity and a responsibility to open the door for those ready and able to buy a home.”
Read the full article on nationalmortgageprofessional.com.