MBA Annual Convention Raises $735,000 for Opens Doors Foundation
The Mortgage Bankers Association’s Opens Doors Foundation announced it secured more than $735,000 in pledged donations at, or associated with, the MBA 2015 Annual Convention & Expo.
“Opens Doors is thrilled at the incredible outpouring of support from so many different corners of the real estate finance and housing industry,” said Debra Still, CMB, chairman of the MBA Opens Doors Foundation and president and CEO of Pulte Mortgage. “The nation’s largest homebuilders, along with large depository institutions, community banks, independent mortgage bankers, residential firms, commercial/multifamily firms and many more companies and individuals all made generous contributions to our efforts.”
Eight of the nation’s largest home builders and their in-house lending companies contributed $170,000 total. These include PulteGroup and Pulte Financial Services; CalAtlantic Homes and CalAtlantic Financial Services; K. Hovnanian Homes and K. Hovnanian American Mortgage LLC; Lennar Homes and Universal American Mortgage Co.; Taylor Morrison and Taylor Morrison Home Funding; Meritage Homes and MTH Mortgage; D.R. Horton Inc. and DHI Mortgage Co.; and Richmond American and HomeAmerican Mortgage.
Companies represented on MBA’s Board of Directors contributed $380,000. These include CMG Foundation; Bank of America; Cornerstone HomeLending Inc.; CoreLogic Inc., FNF: Fidelity National Financial/Black Knight Financial Services/ServiceLink; First American Title Insurance Co.; M&T Bank; Quicken Loans Inc.; Radian Guaranty Inc.; SunTrust Mortgage Inc.; U.S. Bank Home Mortgage; Wells Fargo Home Mortgage; CBRE Capital Markets;, Colonial Savings; EverBank; McLean Mortgage Corp.; Alliance Home Loans; HomeStreet Bank; and VantageScore Solutions LLC.
Additional members of the real estate finance community, including SWBC Mortgage Corp.; Guild Mortgage Co.; Pingora Asset Management LLC; Wallick & Volk; Genworth; MGIC–Mortgage Guaranty Insurance Corp. contributed $140,000.
Individual and corporate attendees of MBA’s Annual Convention and Expo contributed more than $45,000 by making donations and pledges at the Foundation’s donor reception and the Tuesday morning general session, bidding in an online auction, purchasing extra tickets for special convention events and bidding on a guitar signed by musician Sheryl Crow, who performed for convention attendees.
“Because of our success at MBA’s 2015 Annual Convention, Opens Doors will begin its new fiscal year with an opportunity to help many more families in need. When we join together, we send a very strong message that all members of the real estate finance community are committed to sustainable housing and giving back,” Still said.
Opens Doors passes 100 percent of donations it receives on to families in need of assistance. The Foundation’s ongoing relationship with Washington, D.C.’s Children’s National Medical Center and, more recently, Children’s Hospital Colorado in Denver, provides partner organizations to help identify potential grant recipients.
Opens Doors is a 501(c)(3) organization and all contributions are tax deductible. For more information about the Foundation or to make a donation, visit www.mbaopensdoors.org.
