Opinion ‘Bite’ Must Accompany the ‘Bark’ of Affordable Housing Support

National Mortgage News, Mar. 30, 2022–Rob Chrane (subscription)
Among Wells Fargo EVP and Head of Home Lending Kristy Fercho’s first moves as incoming chair of the Mortgage Bankers Association was launching Home for All. The voluntary pledge initially comprised three commitments–minority home ownership, affordable rental housing and diversity, equity and inclusion–but another was soon added. That fourth commitment has the potential to be the least impactful part of the pledge, or the most powerful.
https://www.nationalmortgagenews.com/opinion/bite-must-accompany-the-bark-of-affordable-housing-support