ORLANDO, Fla. – April 28, 2021 – PRLog — The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today that First American Docutech, the leading provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, joined the association as a Gold sponsor. Together, NAMMBA and First American Docutech are focused on affecting positive change in the mortgage industry to better serve minority communities and contribute to the development of a more diverse and knowledgeable mortgage workforce.
“We are excited to align with a document service technology leader in our industry, First American Docutech, whose parent company, First American, has been recognized as a Best Workplace for Diversity,” said NAMMBA Founder/CEO Tony Thompson, CMB. “They have a strong commitment to streamlining the process across all markets, including underserved communities. First American Docutech’s leadership is strongly committed to serving every community in which they do business.”
Through this sponsorship, NAMMBA members will benefit from access to digital mortgage and compliance insights as well as an understanding of the solutions that First American Docutech provides. First American Docutech employees will have access to NAMMBA memberships for the first year, as well as access to focused training, new hire programs, and leadership development.
According to NAMMBA, over the next five years, 75 percent of all first-time homebuyers will be women, millennials, or people of color. Despite housing supply challenges, purchase mortgage opportunity is not only growing, it’s changing. According to NAMMBA’s most recent mortgage market forecast, the three largest diverse borrower groups (Asians, African Americans, and Hispanics) generated more than $292 billion of purchase opportunity in 2020, which amounts to 24.2 percent of all purchase dollar opportunities.
“First American Docutech places a high value on diversity and inclusion and is dedicated to being an industry leader through the integration of diversity, equity & inclusion practices throughout our operations,”
The National Association of Minority Mortgage Bankers of America is a purpose-driven organization that is dedicated to the inclusion of minorities and women in the mortgage industry who are advocates for sustainable homeownership in local communities. To fulfill its mission, NAMMBA provides programs and initiatives to introduce minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and individual professionals.
For more information, visit: http://www.nammba.org.
About First American Docutech
First American Docutech, a part of the First American family of companies, provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution, and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company’s website at www.firstam.com/
About First American
First American Financial Corporation is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For® list for the sixth consecutive year. More information about the company can be found at www.firstam.com.