Dallas, TX – February 23, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) and First American Financial Corporation (First American) today partnered with the Dallas (Texas) Area Habitat for Humanity for a Habitat for Humanity homebuilding project in the Cedar Creek Ranch community in Dallas.
The build, which coincided with the opening of the MBA’s National Mortgage Servicing Conference & Expo in nearby Grapevine, featured volunteers from both the MBA and its member companies, and First American, and was led by MBA President and CEO John A. Courson and president of First American Title Insurance Company’s Community Fund, Lionel Savage.
“Mortgage bankers all across this country are dedicated to helping Americans build strong communities, whether through our business practices, or through volunteer work like we did today in Dallas,” said Courson. “I am thrilled our member companies and MBA staff offered to donate some sweat equity for such a great cause, and I am grateful to First American and the Dallas Area Habitat for Humanity for the opportunity to partner with them on this project.”
This was the MBA’s 89th Habitat for Humanity build since 1998, when MBA entered into a national partnership with Habitat for Humanity International.
Dallas Area Habitat for Humanity transforms neighborhoods by engaging families and community partners in creating affordable housing. Since 1986, Dallas Habitat has served over 800 low-income families using homeownership as an anchor for hope, change, and fellowship resulting in an investment of approximately $80 million in 24 neighborhoods of Dallas County that adds $1 million annually to the tax rolls.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.