The Power Is Now Media Fair Housing Series 2021: Tony Thompson

The Power Is Now Media believes in Fair Housing and is conducting a series of interviews with industry leaders. Today Eric Frazier speaks with Tony Thompson, Founder/CEO of NAMMBA. Tony Thompson founded the National Association of Minority Mortgage Bankers of America in 2016 with a vision to positively grow, develop and improve the industry by introducing women and minorities to the industry and investing in America’s youth to make them the leaders of tomorrow. Every year since its inception, Thompson has grown NAMMBA not only in presence and branding but in chapters and members across the U.S. and in recognition and corporate sponsorship by some of the industry’s largest organizations. He created a formal strategic partnership with the Mortgage Bankers Association to collaborate on certain conferences and meetings and to produce industry advocacy and research designed to further a diverse workforce, including recruitment and professional development scholarships. He also signed a memorandum of understanding with the National Association of Women in Real Estate Business to create a new collaborative initiative aimed at making the industry more diverse and inclusive. Under Thompson’s leadership, NAMMBA launched an initiative called “Mission 2025” in which the company will connect with 50,000 students to bring them into the mortgage profession. It will seek more Millennials, minorities, and women. Thompson is also working to develop relationships with more than 500 colleges nationwide. Thompson got his start at Bank of America as personnel/strategy development manager, and along his journey, had stopped at Wachovia Mortgage Corporation, PNC Mortgage, and Guaranteed Rate.