Mortgage Companies, Trade Groups Launch New Program to Address Racial Homeownership Gap

The Mortgage Bankers Association (MBA) and 13 industry stakeholders announced the formation of the CONVERGENCE Collaborative, a coordinated effort to identify and develop solutions to help close the racial homeownership gap. Over the next three years, the CONVERGENCE Collaborative will deploy more than $1 million annually to build on the existing network of location-based CONVERGENCE…

The post Mortgage Companies, Trade Groups Launch New Program to Address Racial Homeownership Gap appeared first on RISMedia.

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