ATLANTA, Sept. 29, 2021 /PRNewswire/ — Equifax Inc. (NYSE: EFX) today appear a affiliation with the National Association of Minority Mortgage Brokers of America (NAMMBA) to advice abutment its efforts to abetment underserved communities and their apartment needs. This accord aligns anon with the advancing Equifax charge to beforehand banking admittance and advice all consumers admission and bigger accept their acclaim profiles.
NAMMBA ally with banks, lenders, and fintechs to advance assortment and admittance aural these firms, accompany banking articulacy apprenticeship to consumers, and coach acceptance and contempo graduates into approaching innovation, diversity, and banking articulacy leaders. Through this partnership, Equifax will assignment to aggrandize admission to acclaim to underserved and marginalized borrowers while additionally alive to bear differentiated abstracts to adjust with Environmental, Social and Governance (ESG) and Diversity, Equity, and Admittance (DEI) initiatives.
“The Equifax purpose is to advice bodies alive their banking best. We are committed to alive with the Government Sponsored Enterprises (GSEs), lenders and organizations like NAMMBA to advice alleviate homeownership for all,” said Craig Crabtree, Senior Vice President and General Manager, Equifax Mortgage & Apartment Services. “Expanded admittance starts with broadcast visibility, and Equifax can accommodate differentiated customer credit, customer and business insights as able-bodied as assets and application advice from The Assignment Number™ database. As a baton in the mortgage industry, it is our albatross to bear solutions and opportunities to account the assorted composition of the communities we serve.”
According to NAMMBA, over the abutting bristles years, 75 percent of all first-time home buyers will be women, millennials or bodies of color. Additionally, according to NAMMBA’s best contempo mortgage bazaar forecast, the three better assorted borrower groups (Asians, African-Americans, and Hispanics) generated added than $292 billion of acquirement befalling in 2020, which amounts to 24.2 percent of all acquirement dollar opportunity.
“We are appreciative to be partnering with Equifax,” says NAMMBA Founder/CEO Tony Thompson, CMB. “Their agreement to NAMMBA’s mission of deepening the mortgage and accounts industry with a added assorted and across-the-board abode ability shows that they are attractive to the approaching of homeownership in America.”
About NAMMBAThe National Association of Minority Mortgage Bankers of America is a purpose-driven alignment that is committed to the admittance of minorities and women in the mortgage industry who are advocates for acceptable homeownership in bounded communities. To fulfil its mission, NAMMBA provides programs and initiatives to acquaint minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and alone professionals. For added information, visit: https://
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