The Mortgage Bankers Association recently promoted Wendy Penn to vice president of affordable housing initiatives and Amber Lawrence to vice president of diversity, equity and inclusion, enhancing its leadership team.
Mike Fratantoni, MBA's chief economist, praised Penn's leadership in the CONVERGENCE initiative. It aims to dismantle homeownership barriers for Black, Hispanic, and underserved communities.
Amber Lawrence, with nearly two decades at the MBA, has played a crucial role in implementing DEI strategies and fostering collaborations to enhance inclusivity across the mortgage industry.
Wendy Penn will oversee advisory councils for MBA’s CONVERGENCE initiatives currently active in select cities, consulting with advocacy groups and civil rights organizations to promote affordable housing.
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