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NAMMBA Announces Partnership with Taylor Morrison
Taylor Morrison increases commitment to better serve today's rapidly changing housing market
"We're extremely excited to partner with Taylor Morrison and its suite of companies," said NAMMBA Founder/CEO Tony Thompson, CMB. "Like us, it has a strong commitment to diversity and inclusion, and a leadership team that is committed to representing all the communities in which it does business."
Through this partnership with Taylor Morrison, NAMMBA will roll out a comprehensive strategy to engage its over 2,700 team members via access to focused training, new hire programs, and leadership development. The strategy positions the homebuilder and its financial services team to support the communities in which it currently conducts business and the customers they serve supporting sustainable home ownership across the country.
"Our inclusive culture is enormously important and a contributing factor to our success as a company," said Taylor Morrison Home Funding President Tawn Kelley. "We are dedicated to taking action to further diversify the talent that amplifies our commitment. A partnership with NAMMBA provides an exciting way to meaningfully support diversity and seek new innovative strategies to build on our workforce that reflects who we are and who we want to serve. We are excited and honored to announce a partnership with NAMMBA."
According to NAMMBA, over the next five years, 75 percent of all first-time home buyers will be women, millennials, or people of color. Although there is concern across the industry about a stagnant or shrinking housing market, purchase mortgage opportunity is not only growing, but also changing. According to NAMMBA's most recent mortgage market forecast, the three largest diverse borrower groups (Asians, African-Americans, and Hispanics) generated more than $292 billion of purchase opportunity in 2020, which amounts to 24.2 percent of all purchase dollar opportunities.
The National Association of Minority Mortgage Bankers of America is a purpose-driven organization that is dedicated to the inclusion of minorities and women in the mortgage industry who are advocates for sustainable homeownership in local communities. To fulfill its mission, NAMMBA provides programs and initiatives to introduce minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and individual professionals. For more information, please visit http://www.nammba.org.
About Taylor Morrison
Taylor Morrison Home Corporation is the nation's fifth largest homebuilder and developer based in Scottsdale, Arizona, that has been recognized as America's Most Trusted® Home Builder for six years running (2016-2021). Operating under a family of brands including Taylor Morrison, Darling Homes, William Lyon Signature Home and Christopher Todd Communities built by Taylor Morrison, we serve consumer groups coast to coast, from first-time to move-up, luxury and 55-plus buyers. Our unwavering pledge to sustainability, our communities and our team—outlined in the 2020 Environmental, Social and Governance (ESG) Report—extends to designing thoughtful living experiences homeowners can be proud of for generations to come. For more information, please visit https://www.taylormorrison.com.
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