In 2011, leaders at the Mortgage Bankers Association (MBA) began developing a charitable arm to raise money for housing grants to aid families with seriously ill or injured children.The following year, the MBA Opens Doors Foundation achieved 501(c)(3) status as a tax-exempt entity and began disbursing grants to vulnerable families who needed help paying their mortgage. In 2012, 37 families received mortgage assistance from Opens Doors. The initiative was later expanded to also offer grants for rental assistance. “Today, we’ve helped more than 16,000 families with nearly $25 million in mortgage and rental payment assistance,” Deborah E. Dubois, the foundation’s president, told CEO Update.The… Read More