MBA Home For All Pledge Partner: Experian
(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)
Experian unlocks the power of data to create opportunities for consumers, businesses and society. At life’s big moments – from buying a home or car, to sending a child to college, to growing a business exponentially by connecting it with new customers – we empower consumers and our clients to manage their data with confidence so they can maximize every opportunity.
We gather, analyze and process data in ways others can’t. We help individuals take financial control and access financial services, businesses make smarter decision and thrive, lenders lend more responsibly, and organizations prevent identity fraud and crime.
For more than 125 years, we’ve helped consumers and clients prosper, and economies and communities flourish – and we’re not done.
Our 20,000 people in 44 countries believe the possibilities for you, and our world, are growing. We’re investing in new technologies, talented people and innovation so we can help create a better tomorrow. Learn more at www.experianplc.com.
MBA NEWSLINK: Why did Experian sign the MBA Home for All Pledge?
WIL LEWIS, GLOBAL CHIEF DIVERSITY, EQUITY and INCLUSION OFFICER, EXPERIAN: “Experian signed the Home for All Pledge because it aligns with our mission. Central to our philosophy at Experian is that diversity, equity and inclusion is essential to our purpose of creating a better tomorrow for our clients, employees and the communities we serve. Together, we can make positive change in the world and and close the financial-wealth gap of underserved communities.”
NEWSLINK: What is Experian doing to implement key provisions of the Home for All Pledge?
LEWIS: “At Experian, we aren’t just an advocate of DEI, we are a champion. Our Inclusion Forward™ – Experian Empowering Opportunities initiative is but one example of how we’re demonstrating our commitment to underserved communities; by providing key insights, technology and education to businesses and financial institutions to help consumers improve their financial well-being, with a focus on homeownership. We also provide education and tools directly to consumers, such as Experian Go™, to help improve financial access for credit invisibles, and Experian Boost™, which enables consumers to add their positive payment history for services like utilities, telecom and video streaming. Access to our financial ecosystem is the first step in becoming a homeowner, and Experian is paving the way.
“We strive to ensure everything we do, every day, helps further the cause of equity for all. We’re not just about achieving DEI goals inside our company but helping others do the same. We’re on a mission to use our data, analytics and technology to empower underserved and disadvantaged communities so they can fulfill their dream of homeownership.”
About the MBA Home For All Pledge
MBA recognizes and values the opportunities for working together as an industry to promote inclusion in housing. We believe that these opportunities can, and need to be, significantly expanded.
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing. By signing, you are agreeing to be a champion for change in addressing the barriers to sustainable housing for persons and communities of color.
Through advocacy, partnerships, and connections within the industry, you pledge to support MBA’s efforts to ensure fair, equitable and responsible lending and affordable rental housing for minorities.
Pillars of the pledge include:
–Promote and support public policies and industry practices that advance minority homeownership and affordable rental housing;
–Support market-based solutions through MBA’s place-based CONVERGENCE programs;
–Champion Diversity, Equity and Inclusion (DEI) in our workplaces and our industry; and
–Support inclusion in single-family and/or multifamily housing with similar actions that are not listed under the above three commitments
For more information about the MBA Home For All Pledge, visit https://www.mba.org/who-we-are/the-home-for-all-pledge.