TheMReport

MReport March 2021

TheMReport — News and strategies for the evolving mortgage marketplace.

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M R EP O RT | 21 FEATURE SOMETIMES, IT'S GOOD TO BE A FOLLOWER. Follow MReport on social media to put the latest mortgage banking news, stories, strategies, and insights at the touch of your fingertips. MReport @TheMReportNews The MReport align with the mortgage industry, without a mortgage background. For example, one recent hire came from the airline industry, which has been greatly impacted by the pandemic. In addition, as our in- dustry has struggled to introduce college students, I have worked to build relationships with industries that partner with mortgage. M // How can companies contribute to improving the numbers of women and specifically minority women in the industry? HALEEM: To improve this number in the industry, companies should look to more entry-level training programs and support, such as childcare and benefits. PIPKIN: Companies can contrib- ute by creating a community. By creating occasions where con- nections can be made, such as a Women's History Month celebra- tion or a local event hosted by a board of Realtors, companies are able to provide a supportive com- munity that engages and interests women, strengthening their confi- dence in the industry. RAMOS: They can contribute by ensuring that their leadership team reflects the employees they want to attract. By partnering and participating with organizations promoting women and minority leadership, such as the American Mortgage Diversity Council, NEXT Mortgage Events, and NAMMBA (National Association of Minority Mortgage Bankers of America), companies can continue to grow those numbers. Also, sending company representatives to events helps to further engage and take full advantage of the partnerships. M // What characteristics would you tell other minority women they need to succeed in this industry? HALEEM: For most people, getting a job is either reliant on knowing the right people, who can open a door for them, or having the right parents, who can send them to the right col- lege, which will then open the right door for them. I would tell them that no one succeeds on their own. They must focus and work hard toward their goals, but keep in mind it always takes a village to help them to succeed. So, is there something special that minority women need to do? No, I do not think so. PIPKIN: Determined, strong- willed women who have a heart for the field will find success in the mortgage industry. This industry puts you in a position to care for other people and make a real difference in their lives. To make the most of the position, you must prioritize caring for people, as well as working hard to make sure that we help people become homeowners. RAMOS: To succeed, be your true yourself. Do not be something or someone you are not. Eventually, that always comes to light, and you will be unhappy. Also, do not be afraid to be the first and remember when you arrive in a place in your career where you can help someone, do it. The views and opinions expressed in this article are those of the panelists and do not necessarily reflect or represent the views, policy, or position of Planet Home Lending, LLC.

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