The Movers & the Shakedown

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America has long been crowned as the land of dreamers, the land of opportunity, and if you work hard enough and remain diligent, there is nothing you can’t achieve. The wealth is in land and labor, and it’s that which accumulates, you can control, and pass on to the next generation. Black people are not very active in the home buying market today and the likelihood of changing this outlook is bleak. As the Pew Research Center reports, in 1994, 42.3 percent of black households owned their homes; in 2016, their homeownership rate is 41.3 percent. The dream of homeownership is fleeting for black households stemming from being a historically disadvantaged group. As we look at the effects of the foreclosure and unemployment crisis resulting from the Great Recession, an optimistic outlook is hard to find.

In examining the contributing factors and consequences of the 2007-2008 foreclosure crisis, the ramifications of housing discrimination against black householders, then and now, remain virtually unchanged. With the influx of stable employment and easily accessible mortgages, many Blacks were able to participate in the American dream of homeownership. But with the ease and accessibility of ownership came subprime loans, manipulated interest rates and overpayment of homes. It was a ticking time bomb.

Across the nation, black homeowners were disproportionately affected by the foreclosure crisis, with more than 240,000 of them losing their homes. In a 2014 article investigating the foreclosure crisis, Nathalie Baptiste presents staggering facts regarding the deterioration of black wealth. She states that the foreclosures affected blacks of all income brackets, and high-earning blacks were 80 percent more likely to lose their homes than their white counterparts.
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2017 Women’s Collaboration without Baggage

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Over the past decade women have made significant strides in the women’s movement, uniting in greater numbers and forming groundbreaking organizations. Within this progress, it is necessary for women to collaborate without holding back; if we cannot thrive together, we are breaking the unity and leaving some women behind. Whether it’s between best friends, family, social media followers, casual acquaintances or the press, it is crucial for women to express support for one another. The camaraderie in our forward-thinking, intense conversations should be felt as we recognize and celebrate our work and achievements.

Collaboration

What holds you back in this collaboration? What is your baggage? As women, we can often be each other’s worst enemies; which, given the obstacles we’re already facing, is entirely counterproductive. Rather than celebrate another woman’s successes, we criticize or downplay her achievements. We see another woman’s successes as a reflection of our own missed opportunities or failures. In other words, we compare ourselves to each other as if we are competitors in the race to success.

However, by seeing other women as our partners, and not competitors, we can help push each other to the finish line. One woman’s win is a win for all women, just as any achievement in gender equality affects us all.

Women are born multi-taskers, and with each generation—augmented by our own desire to compete harder and faster—more and more is put on our plate. Women’s habit to burn the candles at both ends has had direct consequences, notably in the fact that heart attacks are the leading cause of death among women. By focusing our efforts, and especially by helping one another, we can advance the women’s movement and lighten the weight on our shoulders by working smarter.

While we are seeing improvements in the gender wage gap, more needs to be done to reach gender parity.

Women’s Movement
Driven by the fight for equality, the many focuses in the women’s movement can at times delay our progress. We need a defined foundation, a common ground on which we can all stand and advocate in the movement for equality.

Perhaps different groups can agree on an issue like eliminating the gender wage gap, but disagree on a separate women’s issue. Should they work towards the ideal upon which they see eye to eye, or allow their differences to prevent their collaboration?

If you dig deep enough, you will eventually find something about a person with which your views do not align; but any work or progress you’ve made together doesn’t have to go down the drain. This is not the correct or productive thing to do.

Having different opinions is common, and it’s okay for women to be involved in one aspect of the women’s movement without participating in another. We must be united in spite of our differences, not driven apart by them. Being united as one force does not mean that we forget what makes us different; unity amidst diversity requires that we acknowledge our differences as unique experiences and strengths that each can bring to the table.

A balanced platform allows women to be united under defined ideals, wants and beliefs without leading to disagreements about other points of view. To build a foundation from which we can collaborate for change, we need to distinguish the core values that underlie the different sectors in the women’s movement. There must be a belief that motivates each of the issues we promote, such as the right for equality or freedom. Discovering what our issues have in common will help us form a frame for a cohesive, directed force. This is important not only in moving us forward in achieving shared goals, but also in making our cause distinguishable to others because everything we support and advocate for will be connected to the bigger picture.

Each of us focusing on disparate problems will not provide enough impetus for change. Without a foundation on which we can all stand together, we lack the collaborative spirit necessary for the women’s movement to grow and flourish. Right now, we are carrying many token bags, each holding a singular issue, which is preventing us from getting enough traction; however, we can increase our mobility with a heavy-duty, compartmentalized backpack which can hold the many issues and values that matter to us. This backpack is the only baggage we need.

Raising Your Bottom Line: Capitalizing On Your Business Classification-Women-Owned

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In today’s competitive business arena, a minute detail or decision can mean the difference between long-term success and immediate failure. In the real estate industry, where networking and connections play such a significant role in business performance, what you and your business connote is particularly vital.

As a professional in this highly competitive marketplace, not utilizing the business classifications at your disposal is an oversight. A strategy as old as the industry itself is tailoring to your community. You must play to your strengths, and increasing your business’s appeal to a particular market including potential homebuyers is essential. For women business owners, the utilization of women-owned business classification is vital.

According to 2014 Census Bureau data, there are currently 18,057,000 female homeowners in the United States. As women make advancements in their careers and their wages grow in parity to those of men, women’s homeownership will continue to grow. With this extended buying power, we are seeing the emergence of more women homeowners and a specialized niche for real estate professionals. This growing market is evidenced in the fact that 10 million American women homeowners live alone.
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Newsletter: Equal Pay for Women and Minorities – What’s the Real Reason Women Get Paid Less than Men?

Intel Achieves Pay Parity for Women and Minorities

Tech giant Intel recently released its Diversity & Inclusion Annual Report 2016, detailing the state of women and minorities within the company. While the report makes clear that the overall increase of underrepresented minorities in Intel’s U.S. workforce was small, reaching 12.5 percent in 2016, up from 12.3 percent in 2014, the company achieved 100 percent pay parity and promotion parity for both women and underrepresented minorities.

From meeting its retention goal to the incredible achievement of pay parity for women and underrepresented minorities, Intel is moving forward. Evidenced by the small rise of underrepresented minorities in their U.S. workforce, there is room for improvement and work left to be done. The important thing to recognize is strides are being made, and any forward movement is better than standing still or regressing.



Just Released: NAWRB Magazine sheCENTER(FOLD) Marcia Davies, COO of MBA

A New Jersey farm girl at heart, Marcia Davies chronicles her amazing story, from walking away at the height of her career to her proudest accomplishment in rebranding MBA. She provides a look at the life of a C-suite woman, and demonstrates that life sometimes has plans you didn’t even have yourself.



NAWRB Roaring Thirty Award Nominations Now Open!

The NAWRB Roaring Thirty Awards honor the women leaders in the housing ecosystem making a difference with a seat at the table for women. These are trailblazers succeeding through unprecedented obstacles and demonstrating women’s power as influencers in business.



Happy Women’s History Month!

The month of March is Women’s History Month, dedicated to recognizing and celebrating the central role of women in American history. Women’s History Month began as Women’s History Week in 1981 and was observed as such until 1986. Beginning in 1987, resulting from petitions from the National Women’s History Project, Congress extended the week to a month. Every year, Congress passes a resolution for Women’s History Month, and the president issues a proclamation.



What’s the Real Reason Women Get Paid Less than Men?

Despite the amazing progress of the past century, women continue to struggle with a lack of pay parity. Currently, women working full-time earn just 80 cents for every dollar a man earns-that’s $10,470 less annually-and the elimination of the gender pay gap has largely stalled over the past 15 years. A recent Wells Fargo report delves in to the real reasons women are still paid less than men.



NAWRB sheCalls

NAWRB sheCalls provide industry updates, training and access to important resources for women in housing. Call in to find out what you’ve been missing!

March 16: Women: How to Get Involved

Call-in to find out how to get involved as a woman in the housing ecosystem, from taking advantage of your resources to participating in the many women’s groups changing the game today!

Sharon Asar, Deputy Ombudsman, CFPB Ombudsman’s Office

Discover resources offered by the CFPB Ombudsman’s Office for women-owned and small businesses from Sharon Asar, Deputy Ombudsman, CFPB Ombudsman’s Office!



Upcoming Events

If an event involves women’s equality and supporting the women’s movement, NAWRB strives to be there. Join us to take part in making a better tomorrow!

March 1-4: Mid-Winter Housing Finance Conference

The MBA Mid-Winter Housing Finance Conference provides an opportunity for peer-to-peer interaction in small, core groups with knowledge from mortgage banking experts.

March 6-7: LendIt USA 2017

Join established and emerging online lending companies and investors at the Javits Convention Center in New York for two action-packed days of learning, networking and deal-making.

March 8: A Celebration of Women Business Owners: History, Participation and Progress

Please join the National Women’s Business Council in celebrating the milestones of women in business at our next online Public Meeting on Wednesday, March 8.

March 14-15: Bank & Financial Institutions Special Assets Forum

As it has done over the years, IMN’s forum will cover the latest on credit, loan review and workouts for a range of assets that includes Real Estate, Agricultural Loans, C&I, and Equipment Lending.

March 15: Million Women Mentors Senate Day and Leadership Council Meeting

Join Million Women Mentors, sponsors and over 125 representatives of industry, education and non-profit organizations to celebrate, promote and strategize how to further advance more women and girls in STEM careers through mentoring.

March 16: ChallengeHER Las Vegas

ChallengeHER works specifically with the Women-Owned Small Business (WOSB) federal contracting program as a tool to help leverage federal awards, learn the federal procurement process, and to connect with the right people. Event is FREE; seating is limited.

March 21-23: WBENC 2017 Summit & Salute

The Summit is a two-day program focused on the future of various industries, business networking, and development opportunities. The Salute highlights WBENC’s 2016 America’s Top Corporations for Women Business Enterprises.

March 26-29: National Technology In Mortgage Banking Conference & Expo

This MBA conference addresses emerging technologies, the impact of new regulations, vendor solutions, and allows attendees to connect with vendors, industry experts and peers.

April 2-4: 15th Annual Enterprising Women of the Year Awards Celebration & Conference

Join Desiree Patno, NAWRB’s CEO and president as she speaks on “The Impact of Real Estate Decisions on Your Bottom Line” from 3:15 p.m. – 4:00 p.m.

TBD: NAWRB and the LA Sparks

This year, NAWRB will host monthly trips to see the LA Sparks! We will provide tickets, transport and food for up to eight people, at minimal cost. Organizations passionate about the women’s movement and helping their community are invited to join us in supporting female athletes and gender equality when the season tips off this May. To schedule an LA Sparks trip with NAWRB, call us at 949-559-9800 or email info@www.nawrb.com.

Newsletter: Women Prefer to be in the Workplace – Women in Power Around the World

Women Prefer to be in the Workforce

Only half of women in the world participate in the labor force, but the majority of them would prefer to, according to a new report from the International Labour Organization (ILO) and Gallup Inc. Findings reveal that 58 percent of women not in the workforce would like to be working, and 41 percent of women would prefer to work and take care of their families.

This desire to work varies little between regions, whether women in that particular country comprise a large portion of the workforce or not. The study, which surveyed 149,000 individuals worldwide, makes clear that those who support working women are more than double the percentage who prefer women stay home.



The Number of Women in Power is Growing, But it Remains Small

Even though women in power around the world remain part of a small collective-and rarely remain in power for long periods of time-they are growing, according to the Pew Research Center (PRC). There are currently 15 women world leaders in office, eight of whom are their country’s first woman in power.



NAWRB Roaring Thirty Award Nominations Now Open!

The NAWRB Roaring Thirty Awards honor the women leaders in the housing ecosystem making a difference with a seat at the table for women. These are trailblazers succeeding through unprecedented obstacles and demonstrating women’s power as influencers in business.



In the News!

Wells Fargo and Tuck Announce Scholarship Program for Diverse Businesses

Wells Fargo and the Tuck School of Business recently announced the Wells Fargo Scholarship Fund for Diverse Businesses. With 24 scholarships funded by $100,000, the program will make it possible for diverse entrepreneurs to attend Tuck.

Women in Construction Week spans from March 5-11, 2017

The National Association of Women in Construction (NAWIC) is currently celebrating Women in Construction Week, which spans from March 5-11, 2017! The focus of the week-long observation is highlighting women and their role in the construction industry.



NAWRB sheCalls

NAWRB sheCalls provide industry updates, training and access to important resources for women in housing. Call in to find out what you’ve been missing!

March 16: Women: How to Get Involved

Call-in to find out how to get involved as a woman in the housing ecosystem, from taking advantage of your resources to participating in the many women’s groups changing the game today!

Judy Hoberman, CEO and Founder of Selling in A Skirt

Join us as we talk about how women want to be treated equally not identically.



Upcoming Events

If an event involves women’s equality and supporting the women’s movement, NAWRB strives to be there. Join us to take part in making a better tomorrow!

March 14-15: Bank & Financial Institutions Special Assets Forum

As it has done over the years, IMN’s forum will cover the latest on credit, loan review and workouts for a range of assets that includes Real Estate, Agricultural Loans, C&I, and Equipment Lending.

March 15: Million Women Mentors Senate Day and Leadership Council Meeting

Join Million Women Mentors, sponsors and over 125 representatives of industry, education and non-profit organizations to celebrate, promote and strategize how to further advance more women and girls in STEM careers through mentoring.

March 16: ChallengeHER Las Vegas

ChallengeHER works specifically with the Women-Owned Small Business (WOSB) federal contracting program as a tool to help leverage federal awards, learn the federal procurement process, and to connect with the right people. Event is FREE; seating is limited.

March 21-23: WBENC 2017 Summit & Salute

The Summit is a two-day program focused on the future of various industries, business networking, and development opportunities. The Salute highlights WBENC’s 2016 America’s Top Corporations for Women Business Enterprises.

March 26-29: National Technology In Mortgage Banking Conference & Expo

This MBA conference addresses emerging technologies, the impact of new regulations, vendor solutions, and allows attendees to connect with vendors, industry experts and peers.

April 2-4: 15th Annual Enterprising Women of the Year Awards Celebration & Conference

Join Desiree Patno, NAWRB’s CEO and president as she speaks on “The Impact of Real Estate Decisions on Your Bottom Line” from 3:15 p.m. – 4:00 p.m.

TBD: NAWRB and the LA Sparks

This year, NAWRB will host monthly trips to see the LA Sparks! We will provide tickets, transport and food for up to eight people, at minimal cost. Organizations passionate about the women’s movement and helping their community are invited to join us in supporting female athletes and gender equality when the season tips off this May. To schedule an LA Sparks trip with NAWRB, call us at 949-559-9800 or email info@www.nawrb.com.

NAWRB Co-Hosts InnovateHER with SBA: Winner Announced!

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Congratulations to Jennifer Stewart-Tai, President and Founder of City Girl Prepper, for winning the InnovateHER Challenge co-hosted by NAWRB and the Small Business Administration (SBA)!

This morning, NAWRB co-sponsored the InnovateHER Innovating for Women Challenge 2017 at the Lutron Electronics Training Center in Irvine, CA. This competition is inspired by the need for innovative products and services to assist working women and their families.

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Women Prefer to be in the Workforce

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Only half of women in the world participate in the labor force, but the majority of them would prefer to, according to a new report from the International Labour Organization (ILO) and Gallup Inc. Findings reveal that 58 percent of women not in the workforce would like to be working, and 41 percent of women would prefer to work and take care of their families. This desire to work varies little between regions, whether women in that particular country comprise a large portion of the workforce or not.

Continue reading

The Number of Women in Power is Growing, But it Remains Small

 

Even though women in power around the world remain part of a small collective—and rarely remain in power for long periods of time—they are growing, according to the Pew Research Center (PRC). There are currently 15 women world leaders in office, eight of whom are their country’s first woman in power.

Continue reading