Towards a Gender-Sensitive Mortgage Industry

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Rather, companies should fire or oust shameless misogynists. The mortgage industry needs to keep the bad guys out of their ranks, not just let them move around, as we saw when Casa left AIME just to open his own store. After all, home buyers and those looking to refinance have a right to know who they are working with at UMortgage.

Finally, working women should have more affordable career opportunities. HousingWire recently demonstrated “A growing surge in support for women in the industry,” highlighting the accomplishments of women who have risen to leadership and are blazing a new path. Their success must be recognized and celebrated so that most of the next cohort of female mortgage professionals can do the same.

There is a general tendency to downplay the seriousness of sexism in the business world and to demean those who reject the status quo as politically correct authoritarian supporters. However, there is a profound difference between normal gender dynamics and open hostility towards women. Fighting misogyny not only benefits women, but also makes companies more productive and successful in general. Even if this were not the case, “workplace culture” would never become a legitimate excuse for behavior that disadvantages and intimidates women.

To foster greater inclusiveness from the post office to the boardroom, lenders must openly support women, create career opportunities for them, and quickly identify and abandon their own Anthony Casas. In addition, lenders and brokerages need to be transparent about who consumers trust with their most important purchase for life. The mortgage industry as a whole will benefit from this.

Courtney Mattison is the COO of the Taxpayer Protection Alliance, an impartial organization dedicated to educating the public through research, analysis and dissemination of information about the impact of government on the economy.

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