FICO Partners with the National Association of Minority Mortgage Bankers of America to Accelerate Community Lending in Underrepresented Communities
FICO has partnered with the National Association of Minority Mortgage Bankers of America (NAMMBA) to enhance community lending in underrepresented communities. This collaboration aims to increase the number of lenders obtaining NAMMBA's Certified Community Lender (CCL®) certification, a prestigious designation awarded to less than 5% of mortgage professionals.
FICO will contribute its Score A Better Future™ credit education curriculum to the CCL certification program, helping mortgage professionals better understand credit and prepare clients for homeownership. The partnership focuses on serving diverse communities, including minorities, women, and the LGBTQ+ community, with over 50 million millennials becoming eligible for homeownership in the next decade.
As an Elite Partner, FICO is also a Title Sponsor for NAMMBA CONNECT 2024 in Orlando, FL, from August 21-23, 2024. This initiative aims to transform the mortgage industry and support sustainable homeownership in diverse communities.
FICO ha collaborato con la National Association of Minority Mortgage Bankers of America (NAMMBA) per migliorare il prestito nella comunità in contesti poco rappresentati. Questa collaborazione ha l'obiettivo di aumentare il numero di prestatori che ottengono la certificazione di Prestatori Comunitari Certificati (CCL®) di NAMMBA, un prestigioso riconoscimento assegnato a meno del 5% dei professionisti del mutuo.
FICO contribuirà con il suo curriculum di educazione creditizia Score A Better Future™ al programma di certificazione CCL, aiutando i professionisti del mutuo a comprendere meglio il credito e a preparare i clienti per la proprietà di una casa. La partnership si concentra sul servizio di comunità diverse, inclusi minoranze, donne e comunità LGBTQ+, con oltre 50 milioni di millennial che diventeranno idonei alla proprietà di una casa nel prossimo decennio.
In qualità di Partner d'Elite, FICO è anche uno Sponsor di Titolo per NAMMBA CONNECT 2024 a Orlando, FL, dal 21 al 23 agosto 2024. Questa iniziativa mira a trasformare l'industria dei mutui e sostenere la proprietà sostenibile di case in comunità diverse.
FICO se ha asociado con la National Association of Minority Mortgage Bankers of America (NAMMBA) para mejorar el financiamiento en comunidades subrepresentadas. Esta colaboración tiene como objetivo aumentar el número de prestamistas que obtienen la certificación de Prestamista Comunitario Certificado (CCL®) de NAMMBA, un prestigioso reconocimiento otorgado a menos del 5% de los profesionales hipotecarios.
FICO contribuirá con su currículo de educación crediticia Score A Better Future™ al programa de certificación CCL, ayudando a los profesionales hipotecarios a comprender mejor el crédito y a preparar a los clientes para ser propietarios de viviendas. La asociación se centra en servir a comunidades diversas, incluyendo minorías, mujeres y la comunidad LGBTQ+, con más de 50 millones de millennials que se volverán elegibles para la propiedad de vivienda en la próxima década.
Como Socio Elite, FICO también es un Sponsor Principal para NAMMBA CONNECT 2024 en Orlando, FL, del 21 al 23 de agosto de 2024. Esta iniciativa busca transformar la industria hipotecaria y apoyar la propiedad sostenible de vivienda en comunidades diversas.
FICO는 National Association of Minority Mortgage Bankers of America (NAMMBA)와 협력하여 소외된 지역 사회의 대출을 개선하고 있습니다. 이 협력의 목표는 NAMMBA의 인증된 커뮤니티 대출자 (CCL®) 인증을 획득하는 대출자 수를 늘리는 것이며, 이는 모기지 전문가의 5% 미만에게 수여되는 권위 있는 자격입니다.
FICO는 CCL 인증 프로그램에 Score A Better Future™ 신용 교육 커리큘럼을 기여하여 모기지 전문가들이 신용을 더 잘 이해하고 고객이 주택 소유를 준비하도록 돕습니다. 이 파트너십은 소수자, 여성 및 LGBTQ+ 커뮤니티를 포함한 다양한 커뮤니티에 서비스하는 데 중점을 두며, 향후 10년 내에 5천만 명 이상의 밀레니얼 세대가 주택 소유 자격을 얻을 것입니다.
우수 파트너로서 FICO는 2024년 8월 21일부터 23일까지 플로리다주 올랜도에서 열리는 NAMMBA CONNECT 2024의 타이틀 스폰서이기도 합니다. 이 이니셔티브는 모기지 산업을 혁신하고 다양한 커뮤니티의 지속 가능한 주택 소유를 지원하는 것을 목표로 합니다.
FICO s'est associé à la National Association of Minority Mortgage Bankers of America (NAMMBA) pour améliorer le financement communautaire dans les communautés sous-représentées. Cette collaboration vise à augmenter le nombre de prêteurs obtenant la certification de Prêteur Communautaire Certifié (CCL®) de NAMMBA, une désignation prestigieuse décernée à moins de 5 % des professionnels du crédit hypothécaire.
FICO contribuera à la certification CCL avec son curriculum d'éducation au crédit Score A Better Future™, aidant ainsi les professionnels de l'hypothèque à mieux comprendre le crédit et à préparer leurs clients à devenir propriétaires. Le partenariat se concentre sur le service de communautés diverses, y compris les minorités, les femmes et la communauté LGBTQ+, avec plus de 50 millions de millennials devenant éligibles à la propriété dans la prochaine décennie.
En tant que Partenaire Élite, FICO est également un Sponsor Principal pour le NAMMBA CONNECT 2024 qui se tiendra à Orlando, FL, du 21 au 23 août 2024. Cette initiative a pour objectif de transformer l'industrie hypothécaire et de soutenir la propriété durable dans des communautés diverses.
FICO hat sich mit der National Association of Minority Mortgage Bankers of America (NAMMBA) zusammengetan, um die Gemeindefinanzierung in unterrepräsentierten Gemeinschaften zu verbessern. Ziel dieser Zusammenarbeit ist es, die Anzahl der Kreditgeber zu erhöhen, die die Zertifizierung als Certified Community Lender (CCL®) von NAMMBA erhalten, eine angesehene Auszeichnung, die weniger als 5% der Hypothekenprofis verliehen wird.
FICO wird sein Score A Better Future™ Kreditbildungsprogramm in das CCL-Zertifizierungsprogramm einbringen, um Hypothekenprofis zu helfen, Kredit besser zu verstehen und die Kunden auf den Hausbesitz vorzubereiten. Die Partnerschaft konzentriert sich darauf, vielfältige Gemeinschaften zu bedienen, einschließlich Minderheiten, Frauen und der LGBTQ+-Gemeinschaft, wobei über 50 Millionen Millennials in den nächsten zehn Jahren für den Hausbesitz in Frage kommen.
Als Elite-Partner ist FICO außerdem Hauptsponsor der NAMMBA CONNECT 2024 in Orlando, FL, die vom 21. bis 23. August 2024 stattfindet. Diese Initiative hat zum Ziel, die Hypothekenbranche zu transformieren und nachhaltigen Hausbesitz in vielfältigen Gemeinschaften zu unterstützen.
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NAMMBA’s Certified Community Lender™ certification is a rigorous training and certification program that sets the benchmark for excellence in social impact lending. This designation, awarded to less than
FICO is playing a major role in educating lenders by providing its Score A Better Future™ credit education curriculum for all participants pursuing the CCL certification. It will also offer resources that can be used by mortgage professionals to better understand credit and how their clients can be best prepared and positioned to purchase a home. With CCL certification, loan originators will play a crucial role in promoting homeownership and fostering generational wealth in diverse communities.
"We are ecstatic to welcome FICO as an ELITE Partner in our mission to positively impact the mortgage industry. This collaboration will help us expand the reach of our Certified Community Lender program, ensuring that more loan originators are equipped with the knowledge and skills to serve underrepresented communities effectively. Together, we can drive significant progress towards increasing homeownership and building generational wealth among minorities, women, and the LGBTQ+ community," said Tony Thompson, CMB, Founder and CEO of NAMMBA.
The CCL® designation is earned after an 8-session online course that offers numerous benefits to certified professionals. These include access to mastermind calls for business development strategies, a course completion certificate, an annual NAMMBA membership, and marketing collateral to promote the certified brand.
With more than 50 million millennials eligible for homeownership during the next decade, along with significant opportunities arising from single women, communities of color, millennials, and the LGBTQ+ community, the need for well-trained, ethical, and socially conscious mortgage professionals has never been greater. The CCL® designation program meets this need by equipping loan originators with the tools and knowledge required to serve these diverse groups effectively.
"FICO is delighted to support NAMMBA in its endeavor to elevate the standards of mortgage professionals. By fostering a culture of continuous education and ethical practices, we believe that this partnership will not only enhance the capabilities of loan originators but also create lasting positive impacts within the communities they serve. We look forward to witnessing the transformative outcomes that will arise from this initiative to increase sustainable homeownership," said Julie May, vice president and general manager of Scores at FICO.
In addition to being an Elite Partner, FICO is also a Title Sponsor for NAMMBA CONNECT 2024 in
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by
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FICO and Score A Better Future are trademarks or registered trademarks of Fair Isaac Corporation in the
About NAMMBA
The National Association of Minority Mortgage Bankers of America (NAMMBA) is a national trade association dedicated to the enrichment and betterment of women and minorities who work in the mortgage industry. NAMMBA’s mission is to increase the engagement of minorities and women in the mortgage banking industry at the local, state, and national level. NAMMBA.org
View source version on businesswire.com: https://www.businesswire.com/news/home/20240729706211/en/
FICO Media Contact:
Julie Huang
Sr. Director, Corporate Communications
JulieHuang@fico.com
NAMMBA Media Contact:
Michael Muscarella
Associate Director of Creative Assets
michael.muscarella@nammba.org
Source: FICO
FAQ
What is the purpose of FICO's partnership with NAMMBA?
What is the Certified Community Lender (CCL®) certification offered by NAMMBA?
How is FICO contributing to the CCL certification program?
When and where is NAMMBA CONNECT 2024 taking place?
What opportunities does this partnership address in the mortgage industry?
