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Tag Archives: Diversity

All’s Not Fair With Gender

Most hardworking Americans already know about the gender pay gap. But recent data reveals there is a certain type of company that could be giving working women fairer wages. However, the gap has only lessened. According to a new analysis ...

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Diversity: Communicating with the Future Market

The future of many companies—success or failure—could be decided by one specific characteristic, and it's not in margin increase or hedging profitability. It's whether or not companies are committed to entering the diverse minority lending markets.

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Closing of Interracial Gaps in Education Could Increase Homeownership

There are many factors that have affected homeownership rates after the 2008 financial crisis— specifically in regards to young adult social norms and changes in the housing market. The homeownership rate among 25- to 44-year olds has dropped 10 percent in the last decade and recent research shows this could be increased with closing the interracial gap in education and wealth. This research falls in line with statistics on diversity found in the corporate world.

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Industry Leaders Discuss Diversity, Inclusion

The Five Star Diversity Symposium was a day-long event focused on advancing the conversation on diversity within the mortgage industry, and featured keynote addresses from industry leaders as well as panel discussions. Represented were companies and government agencies within the mortgage industry, including the Federal Housing Finance Agency (FHFA), Freddie Mac, Fannie Mae, the Consumer Financial Protection Bureau, and the Federal Home Loan Bank of Dallas.

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CFPB Looks At Diversity

The Consumer Financial Protection Bureau (CFPB) released a report outlining the Bureau’s strategies and efforts to promote diversity and inclusion within the mortgage industry. The report is a readout of an industry roundtable meeting held by the CFPB’s office of Minority and Women Inclusion (OWMI) with the Mortgage Bankers Association. Participants in the meeting included representatives from the mortgage industry, including from larger and smaller banks, as well as some nonbank financial companies.

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Industry Leaders to Discuss Diversity, Inclusion

The second annual Five Star Diversity Symposium will be a day-long event focused on advancing the conversation on diversity within the mortgage industry featuring keynote addresses from diversity leaders, roundtable discussions, and panels covering the most pressing diversity and inclusion issues facing our industry. This gathering of leaders will lay the groundwork for the coming year by engaging in important conversations covering an array of topics surrounding the advancement of inclusion in our industry.

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HUD Announces Final Rule to Further Fair Housing In HUD-Funded Communities

The final rule is the result of recommendations of a 2010 report from the Government Accountability Office; stakeholders and HUD program participants who had asked for clarification, technical assistance, better compliance, and more meaningful outcomes; and feedback from significant public input and comments received during the final rule's development.

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