This report summarizes
strategies for promoting diversity and inclusion used by mortgage industry
participants as discussed at the Bureau’s initial roundtable. It highlights the
business case for diversity along with current approaches and practices used in
the mortgage industry, such as establishing buy-in from top leadership,
integrating principles of inclusion in recruiting and hiring, and the
importance of data in assessing the impact of diversity on keeping
organizations competitive. The report is the result of the CFPB’s collaboration
with the financial services industry to raise awareness of the importance of
strengthening diversity and inclusion within organizations.