Special Purpose Credit Programs: The What, the Why, and the How 2022 | Mortgage Bankers Association (MBA) | 12 April 2022 | Webinar
Venue
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| Event Date | Tue Apr 12 EDT (over 2 years ago) |
| Location | Webinar |
| Region | Americas |
Details
In this introductory webinar, hear MBA and industry experts provide an overview of Special Purpose Credit Programs (SPCPs), what they are and why they are important, as well as how MBA is working to support its members interested in establishing a program.
Supporting lenders who want to create SPCPs is a critical component of MBA's Building Generational Wealth through Homeownership policy initiative. When properly designed, SPCPs can play an important role in promoting equity and inclusion and removing barriers that have contributed to financial inequities, housing instability, and residential segregation. Lenders of all sizes and business models can create these programs to help expand access to homeownership to communities of color.
Objectives:
• What is a Special Purpose Credit Program (SPCP)?
• Who do SPCPs benefit and how?
• Challenges and considerations with setting up an SPCP
• Current regulations and what regulators are saying
• Role of MBA and related advocacy work
Speakers
2022 Speakers
Gabe Del Rio
President & CEO, Homeownership Council of America
Tamara King
Vice President, Residential Policy & Member Engagement, MBA
Wendy Penn
Associate Vice President, Affordable Housing Initiatives, MBA
Justin Wiseman
Associate Vice President, Managing Regulatory Counsel, MBA