WASHINGTON, D.C. (June 14, 2018) – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced that 86 individual employees from 35 different MBA member companies have been awarded the Path to Diversity (P2D) scholarship in the first seven months of the fiscal year. The scholarship recognizes existing industry professionals from diverse backgrounds who are seeking to advance their careers through continuing education.
“I want to sincerely congratulate all of the P2D scholarship winners. MBA Education provides members the opportunity to strengthen the skills and abilities of their dedicated employees,” said David H. Stevens, CMB, President and CEO of MBA. “The P2D scholarship supports the training of the next generation of leaders, and ensures they reflect the true breadth of diversity within the real estate finance industry. We are grateful for the generosity of the Research Institute for Housing America and the member companies who donated to fund these scholarships.”
The scholarships were funded primarily by donations from the Research Institute for Housing America (RIHA). MBA also received donations from: CBRE, Quicken Loans, SunTrust Mortgage, VantageScore Solutions, Ballard Spahr LLP, and Cultural Outreach Solutions. MBA is matching 100% of the donations received from member companies by the end of June, up to $75,000.
Awardees receive a voucher to cover course registration fees, up to a maximum of $2,000, for MBA Education programs and courses. To be eligible for the P2D scholarship, individuals must be currently employed by an MBA member firm or state MBA member firm, and have two years of experience in the mortgage industry, or some equivalent in real estate finance experience or training.
P2D scholarships are awarded to qualified individuals who are part of one or more of the following under-represented groups: Non-white or bi-racial; Lesbian, Gay, Bisexual or Transgender; or Female.
Applications are evaluated based on a personal statement and a letter of recommendation, with bonus points awarded to applicants who are U.S. military veterans or disabled. Individuals are eligible to receive up to three awards during their careers, with no more than one award provided per calendar year.
Click here for partial list of recipients, composed of those who wished to be publicly listed.
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