MBA Offers Homeownership Resource Center

The Mortgage Bankers Association of America has launched a new online "Resource Center for Expanding Homeownership" designed to provide industry professionals with resources that will assist them in their efforts to serve minority borrowers.The MBA said it designed the site to help support President Bush's efforts to improve the lagging homeownership rate of minorities and as part of "Homeownership Month." Among the center's resources are a "consumer education" tool kit created to help mortgage professionals conduct homebuyer fairs and engage in other consumer education efforts. The resource center also includes a list of what the trade group considers to be models of successful housing partnerships. The resource center can be accessed through the MBA's website. The MBA can be found online at http://www.mbaa.org.