NAMMBA and Finastra Teamed Up for Positive Change in the Mortgage Space



NAMMBA and Finastra Teamed Up to Make Positive Change for the Mortgage IndustryNational Association of Mortgage Bankers of America (NAMMBA) and Finastra, creating an open platform that accelerates collaboration and innovation in financial services, announced a partnership to bring positive change to the mortgage industry, meet the needs of low-income communities, and create a more diverse mortgage workforce.

As a NAMMBA Diamond Plus Partner, Finastra will support the targeted organization’s efforts to enrich and empower women and minorities working in real estate finance. The collaboration is consistent with Finastra’s commitment to diversity, fairness and inclusion in the financial services industry, and the idea that finance can be a source of change for the benefit of society.

“We are delighted to establish this long-term partnership with Finastra and welcome their support in realizing our vision for mortgage lending. Over the next five years, NAMMBA will expand its mission to foster diversity and inclusion in other areas of financial services such as retail banking and wealth management. Finastra, the largest software provider serving the entire financial services industry, will be a significant partner in helping NAMMBA achieve this goal, ”said NAMMBA Founder / CEO Tony Thompson, CMB.

The alliance will lead to a better understanding of how technology can be used to positively change mortgage decision-making, from eliminating lending bias to ensuring access to finance for communities in need. In addition to gaining access to the diverse and experienced talents of NAMMBA members, Finastra will have the opportunity to work with NAMMBA to provide education, training and resources to develop real estate finance careers and support sustainable home ownership in communities across the United States.

“Finastra believes that when technology meets real-life challenges, the global community is given the opportunity to build a better future that addresses the serious challenges of financial inclusion, fair financial decisions and supporting individuals and communities in the process of change. … We are proud to partner with NAMMBA on its mission to support women and minorities in real estate finance and thereby provide great opportunities for everyone on the path to home ownership. Together, we can transform the way finance is viewed – to bring about meaningful change in the financial services industry and build a fairer world for all, ”said Pooja Agrawal, Finastra’s Chief Operating Officer for the Americas.

Founded in 2017 Finastra creates an open platform that accelerates collaboration and innovation in financial services by creating better experiences for people, businesses and communities.


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