The Mortgage Bankers Association (MBA) hosted its 1st annual Diversity and Inclusion Awards this month. During the award ceremony the MBA honored three companies for their commitment to diversity and inclusion. The companies were recognized in two categories: Organizational Diversity and Inclusion and Market Outreach Strategies. Ballard Spahr and SunTrust Mortgage took home the award for Organization and Inclusion and The PrivateBank and Trust Company won the award for Market Outreach Strategies.
Here are some of the highlights of the winner’s initiatives:
- Ballard Spahr · The firm partners with affinity-based law student organizations across the country to support a pipeline of law students entering the legal profession. · In 2015 and 2016, the firm was named one of the top 100 law firms for female attorneys by Law360.
- SunTrust Mortgage · SunTrust has increased their recruitment of diverse candidates, with 68% of its most recent incoming class being diverse candidates. · SunTrust also increased the engagement of diverse teammates by 11% in 2016.
- The PrivateBank and Trust Company · The company committed $10 million over five years to the Chicago Affordable Housing Program with already almost $1 million invested in needy communities and provided $1.1 million in closing cost assistance in 2015 To learn more the companies initiatives please visit their individual websites.