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MBA Board of Directors Rallies to Support Opens Doors Foundation in 2018

MBA Board of Directors Rallies to Support Opens Doors Foundation in 2018

WASHINGTON, D.C. (January 25, 2019) – (RealEstateRama) —  The MBA Opens Doors Foundation (Opens Doors) today announced it received more than $1.13 million in donations in 2018 from members and member companies of the Mortgage Bankers Association’s (MBA) Board of Directors, including a year-end $53,200 gift from MBA Chairman Christopher M. George, Founder, President and CEO of CMG Financial. That single gift represents the equivalent of one month’s mortgage or rental payment made on behalf of each of MBA’s 38 board members.

“With total gifts from the MBA Board topping $1.13 million in 2018, more than 800 families across the country will be helped by our 38-member board,” said Robert D. Broeksmit, CMB, MBA President and CEO, and Opens Doors board member. “I could not be more proud of their commitment to this very important cause.”

The generous contributions given by corporate and individual donors have made real progress towards surpassing Opens Doors’ 2019 fundraising goal. Thanks in large part to the annual appeal made by Debra W. Still, CMB, President and CEO of Pulte Mortgage, and Chairman of the Foundation’s Board of Directors, 30 companies have pledged a contribution of $25,000 or more for 2019.
“MBA members and the mortgage industry continue to show compassion and enthusiasm in supporting the Opens Doors mission,” said Still. “Every donation goes a long way in meeting the increasing demand for support from families across the country with critically ill children. I am beyond grateful not only for Chris’ generous donation, but for the continued kindness and generosity of the MBA Board and our donors.”

Opens Doors Foundation President Deborah Dubois has laid out an ambitious agenda for growing the number of families served through the Foundation’s Home Grant Program in 2019.
“In order for Opens Doors to grow, we need to engage in ways that show current and prospective donors just how meaningful and impactful their gifts are for vulnerable families,” said Dubois. “Every contribution toward a family’s home is one less thing to worry about when the family’s child is sick.”

Support from MBA allows the Foundation to pass on 100 percent of donations to families in need of assistance. Potential grant recipients are identified through the Foundation’s ongoing relationship with children’s hospitals in Akron, Ohio; Boston, Massachusetts; Dallas-Fort Worth, Texas; Denver, Colorado; Houston, Texas; Northern and Southern California; and Washington, D.C.

MBA Opens Doors is a 501(c) (3) organization, and all contributions are tax deductible. For more information about the Foundation or to make a donation, please visit www.mbaopensdoors.org.

CONTACT
Adam DeSanctis

(202) 557-2727

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MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700