Marcia Davies, COO of Mortgage Bankers Association, Profile

Marcia Davies
COO of Mortgage Bankers Association


Marcia Davies, COO of Mortgage Bankers Association, Certificate

“A Platform for Women, Made by Women”

Marcia Davies, COO for the Mortgage Bankers Association (MBA) has been a highly successful and influential leader in the real estate finance industry for years. As MBA COO, she has a proven track record for identifying and delivering new ways for the association to expand its impact and value to members. The biggest example of her tremendous vision is mPower, MBA Promoting Opportunities for Women to Extend their Reach.

"Nobody could have foreseen the health and economic consequences the pandemic has brought to everyday life. We are all in this together and are learning and leading the best we can,"

mPower is the largest networking organization for women in real estate finance. Founded by Marcia four years ago, the burgeoning community provides a platform for women to strengthen their networks, grow professionally and exchange ideas and information about their careers. mPower in recent years has reached tens of thousands of professionals and hosted dozens of events and webinars in small and large cities across America. Even during these challenging times to the workplace brought forth by the ongoing pandemic, mPower’s enthusiastic support and determination to create more opportunities for women in the industry has not wavered. The community is supported by an online network, quarterly webinars , virtual mPower events, a monthly video series, mPower Moments, and a large social presence (you can find mPower on LinkedIn and Instagram) allowing women to stay in touch, and keeps important conversations top of mind.

Marcia says that given the major issues today, the need to act is greater than ever. As Americans need safe, decent places to live, MBA is striving to maximize their positive impact on the country, and the nation’s affordable homeownership challenge. “Most importantly, we believe all Americans should have equal access to affordable housing,” she says. “In June 2019, MBA launched its Affordable Housing Initiative, aiming to develop housing partnerships in both the policy and business arenas.” The initiative promotes more sustainable, affordable homes for purchase and rental for underserved people and communities, especially minorities and low-to-moderate-income Americans. Recently, MBA officially launched CONVERGENCE Memphis - a campaign focused on African American homeownership needs in the Memphis metropolitan area. In addition to CONVERGENCE Memphis, MBA will continue to expand its partnerships in other cities across the nation, seeking scalable solutions to address affordable housing challenges, both for renters and owners.

MBA is committed to ensuring that their members have access to the latest technologies to benefit their bottom-line, while also improving the mortgage origination process – from application to closing – for all consumers.

The company recently invested $2 million in MISMO®, the standards development body for the mortgage industry, is a good example of how the company is working towards providing the clients best-in-class solutions. This investment is speeding the development of new industry-wide standards, benefiting lenders of all sizes and business models, and improving the integration and flow of data across the entire industry. “Furthermore, our relationships with policymakers, industry leaders, and researchers help us identify and solve for our greatest challenges and explore new opportunities,” says Marcia. “Perhaps the most significant component of ensuring a successful organization is putting collaboration and teamwork at the forefront and creating a culture that fosters new ideas.”

Given the virtual environment we have all had to adapt to during the pandemic, MBA has been at the forefront of ensuring that both their internal and external operations continue to run smoothly. “From a conference standpoint, MBA has moved all events, including our Annual Convention – scheduled initially in Chicago in October– to the MBA LIVE virtual platform, which we developed from scratch to provide all the convention experiences our members have come to expect,” shares Marcia. “Our goal is to create vibrant and informative content from a “safe” and “normal” environment. While we cannot meet in person now members are taking advantage of our countless online resources and staying engaged.” This year has shown organizations worldwide how adaptable they must be when it comes to confronting unexpected circumstances. “Nobody could have foreseen the health and economic consequences the pandemic has brought to everyday life. We are all in this together and are learning and leading the best we can,” adds Marcia. IE


Company

Mortgage Bankers Association

Management

Marcia Davies
COO of Mortgage Bankers Association

Description

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans.


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