Lenders Start to Place More Emphasis on Inclusion
BAI Banking Strategies, Dec. 2, 2020–Karen Epper Hoffman
Steve O’Connor, senior vice president of affordable housing initiatives for the Mortgage Bankers Association, says lenders are more focused on the disparities in their loan portfolios and their need to make a significant change. Part of that need is just to keep up with a changing market — nearly 45 percent of millennials, a generation of 75 million U.S. consumers, are from racial minorities.
https://www.bai.org/banking-strategies/article-detail/lenders-start-to-place-more-emphasis-on-inclusion/