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The Mortgage Bankers Association (MBA) and Operation HOPE (HOPE)announced that they have entered into a strategic alliance designed to foster open communication and mutual understanding of issues related to sustainable residential mortgage lending. The announcement was made at MBA’s Strategic Markets and Diversity Summit in Washington, DC, where HOPE’s Chairman and Chief Executive Officer John Hope Bryant delivered special remarks.

"This strategic partnership with the Mortgage Bankers Association enhances the reach, capability, and credibility of our national plan to become the nation's first private banker to the poor and struggling middle class. Together, we can help more renters become homeowners, and struggling homeowners keep their homes during this economic recovery," says Chairman Bryant.

Under the terms of the agreement, MBA will provide HOPE opportunities to engage with MBA members through a variety of means, including by providing speaking opportunities at MBA events. MBA will facilitate synergies between HOPE and EverFi, an MBA partner that provides online financial literacy training to both adults and students and will also provide support to Operation HOPE’s Project 5117.

Read the complete story at its source here.

Fri, 2014-06-27 18:28 — NationalMortgag…

 

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