MReport July 2017

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT FINAL THOUGHTS The Message of Diversity & Inclusion is Being Heard Loud and Clear While we normally like to leave you with some zany quips or gaffes that leave us shaking our head, this month we are changing track to bring you the pledges to diversity and inclusion that are changing the way we do business in the mortgage industry—and in organizations world wide. "The business case for diversity and inclusion rests on the view that we can best serve the many diverse communities that make up the growing American populace, especially those that were historically overlooked." Part of CFPB Director RICHARD CORDRAY's Message in an April 2017 OMWI Report. "I remember three things about my first computer science class in college. First, improbably, the professor was named Ramm, as in "random access memory." Second, the class was about processors, and I only had a vague idea what a processor was. Third, it was the last computer science class for most of my female classmates, who quickly decided they'd rather major in something else." MELINDA GATES, Founder, The Bill & Melinda Gates Foundation, in a GatesNotes blog post, "Computers Are For Girls, Too." "[D]iversity and inclusion are fundamental parts of who we are and how we work. Statement by TIMOTHY J. MAYOPOULOS, President and CEO of Fannie Mae. "I think the truth of the matter is, people who end up as 'first' don't actually set out to be first. They set out to do something they love and it just so happens that they are the first to do it." DR. CONDOLEEZZA RICE in remarks at the NFL's Women Summit.

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