Mind the Gap: What CONVERGENCE Columbus Can Teach Us About Increasing Black Homeownership

The homeownership gap between Black and white Americans is wider today than in 1960 when housing discrimination was legal. To look at the mechanisms behind this shocking stat in one community, CONVERGENCE Columbus surveyed local loan originators and real estate agents for their thoughts on how to increase Black homeownership. Our findings were enlightening and offer lenders everywhere four important lessons for supporting homeownership equity.

CONVERGENCE Partner Profiles: Meghan Bartholomew, Radian

Meghan Bartholomew is Executive Vice President of Credit and Counterparty Risk Management with Radian, Philadelphia. She discussed Radian’s work with the CONVERGENCE initiative, a place-based partnership focused on narrowing the racial homeownership gap.

MBA Announces 2022 Affordable Rental Housing Advisory Council

The Mortgage Bankers Association announced members of its 2022 Affordable Rental Housing Advisory Council. The Advisory Councils on affordable rental housing and affordable homeownership were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort.

MBA Announces 2022 Affordable Rental Housing Advisory Council

The Mortgage Bankers Association announced members of its 2022 Affordable Rental Housing Advisory Council. The Advisory Councils on affordable rental housing and affordable homeownership were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort.

Seven Takeaways from MBA’s Affordable Rental Housing Summit

Significant affordability challenges exist across the country and the issue is a top priority for the Biden Administration. In April, the Mortgage Bankers Association virtually convened business and policy executives for a series of conversations on the 2021 affordable rental housing landscape. Here are some key takeaways from that event.

#MBASpring21 Andre Perry: Don’t Recycle Discrimination

Brookings Institution Senior Fellow Andre Perry says Black-owned homes are “systemically undervalued,” with obvious adverse consequences for wealth accumulation. And he has some ideas about what can be done.