ORLANDO, Fla., Feb. 23, 2022 /PRNewswire-PRWeb/ -- The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with AmeriSave Mortgage Corporation, an important mortgage sponsor in NAMMBA's effort to affect positive change with the housing needs of underserved communities and with the development of a more diverse mortgage workforce.
"We're extremely excited to partner with AmeriSave Mortgage Corporation," said NAMMBA Founder/CEO Tony Thompson, CMB. "Like us, it has a strong commitment to diversity and inclusion, and a leadership team that is committed to representing all the communities in which it does business."
Through this partnership with AmeriSave Mortgage Corporation, NAMMBA will roll out a comprehensive strategy to engage AmeriSave's employees via access to focused training, new hire programs, and leadership development, and position the organization to support the communities in which it currently conducts business, creating economic opportunity that focuses on business development for minority brokers while meeting the housing needs of underserved areas.
According to NAMMBA, over the next five years, 75% of all first-time homebuyers will be women, millennials, or people of color. Although there is concern across the industry about a stagnant or shrinking housing market, purchase mortgage opportunity is not only growing, but also changing. According to NAMMBA's most recent mortgage market forecast, the three largest diverse borrower groups (Asians, African Americans, and Hispanics) generated more than $292 billion of purchase opportunity in 2020, which amounts to 24.2% of all purchase dollar opportunities.
"It's an honor to be associated with the NAMMBA as we continue our efforts to bring diversity and inclusion to the housing market," said Mike Berte, president, and COO of AmeriSave Mortgage Corporation. "This partnership, in addition to AmeriSave's fully immersive Spanish-language experience, is an important step to becoming more inclusive and as a leader within the industry, it's exciting to be one that continues to pave the way."
About AmeriSave Mortgage Corporation
Founded in 2002, AmeriSave Mortgage Corporation is a leading mortgage lender best known for pioneering the first truly digital mortgage experience to borrowers. With six major loan centers located across the U.S., AmeriSave is a direct-to-consumer lender, Equal Housing Lender, licensed in 49 states and D.C., not licensed in NY, FNMA, FHLMC, GNMA approved. For more information, visit http://www.amerisave.com. NMLS ID #1168.
About NAMMBA
The National Association of Minority Mortgage Bankers of America is a purpose-driven organization dedicated to the inclusion of minorities and women in the mortgage industry who are advocates for sustainable homeownership in local communities. To fulfill its mission, NAMMBA provides programs and initiatives to introduce minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and individual professionals. For more information, visit: http://www.nammba.org.
Media Contact
Taylor Tiner, Serendipit Consulting, 6022835209, [email protected]
SOURCE AmeriSave Mortgage Corporation
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