Industry association recognizes lender for market outreach initiatives
SunTrust Banks was recently honored as a winner of the Mortgage Bankers Association’s (MBA) 2019 Residential Diversity and Inclusion Leadership Award at the association’s annual convention in Austin, Texas.
The award recognizes MBA members for their leadership efforts in diversity and inclusion in two award categories: organizational diversity and inclusion, and market outreach strategies. Companies are scored by the quality of their overall submission, identification of a target audience and annual goals, demonstration of a tangible benefit to participants and the overall enterprise, and the replicability of the program.
SunTrust was recognized as a Market Outreach Strategies Award winner for its inclusive lending/CRA strategy and initiatives that it developed to support its clients, partners, teammates and communities.
“In recent years, diversity and inclusion efforts have been a main focus of MBA and our members," said Brian Stoffers, chairman of MBA. “This year's award recipients have shown their commitment to fostering diversity and inclusion programs that benefit their organizations as well as the entire real estate finance industry.”
“The SunTrust Inclusive Lending/CRA Strategy has allowed us to maximize our support of emerging client populations, our referral partners, and the communities that we serve,” said Anthony Weekly, inclusive lending/CRA strategy manager at SunTrust. “We are honored and grateful to be recognized for our work in this area, and we applaud the MBA for advancing this issue in our industry.”