About the Foundation
The purchase of a home is one of the most important decisions in life and providing mortgage funds for home purchase is a responsibility to the borrower and the community. Recent history has demonstrated the clear need for education on each side of the table. Education provides consumers with the knowledge they need in order to make sound decisions in borrowing. Education provides perspective to the industry professional. To the public, consumer education creates power. To the industry, professional education promotes stability and integrity.
Quite simply, education is the foundation for a stable industry. This is your opportunity to change lives through education within the mortgage industry and within the communities it serves.
Originally formed as The APMW Foundation, an IRS designated Charitable Corporation. We now celebrate our Twenty-fifth Anniversary with an expanded mission and new name as the Mortgage Industry Foundation, supporting education of professionals at all levels of the industry as well as the communities they serve.
The Foundation serves professionals seeking to enter or advance in mortgage lending and its related fields; and, we support community education programs to encourage responsible home- ownership.
The Foundation is unique in its support of both consumer and professional education in mortgage borrowing and lending.
Since 1992 the Foundation has awarded more than $80,000 in grants to 300 individuals and programs ranging from continuing education and college degrees to funding for those who were striving to enter or advance in the profession.
Our goals are two-fold: Expand our reach to greater numbers of professionals in support of educational goals; and, fund consumer education programs together with strategic partners such as community colleges and consumer organizations.
Our goals are clear:
- Encourage young people to enter the industry;
- Increase education level of those within the industry;
- Foster responsible home-ownership;
- Improve ethical standards within the industry;
- Decrease foreclosures and delinquent loans