A.R.I. Attends 1st Annual Lending Industry Diversity Conference, Inc. Washinton, DC October 5, 2005; Industry Awards Winners Named for 2005 Based on 2004(HMDA) Data
Anchor Renaissance Institute (A.R.I.) has launched its new mortgage banker training program for individuals desiring to become mortgage bankers, investors or entrepreneurs. The goal of Anchor is to become the point of contact for training, education and workforce development for the mortgage industry. In alliance with corporate partners, Anchor will transform standards required within the lending industry into a certifiable educational program with 16 hours of diversity training in every phase.
(PRWEB) October 18, 2005 -- Anchor Renaissance Institute (A.R.I.) has launched its new mortgage banker training program for individuals desiring to become mortgage bankers, investors or entrepreneurs.
Anchor Renaissance Institute (Anchor) is a proprietary school located in Northern Virginia. Anchor is licensed by the State Council of Higher Education for Virginia as the only private school to train Mortgage Bankers.
Anchor's core curriculum is a 240 hour course in residential real estate finance. Upon completion of this course, graduates will have the skills and confidence to enter the labor market and seek employment in residential lending. Anchor assists all their graduates with career placement. Graduates are also eligible for life-time training at discounts of at least 50 percent.
If a student demonstrates exceptional ability and ambition, Anchor has an entrepreneurial track to prepare students for self-employment or secondary market training. The graduate performs 60 additional hours of laboratory and classroom exercises as well as a 6 month internship.
Another option the graduate has is real estate investments. Anchor prepares the prospective investor with training in credit and collateral. Additionally, the graduate will have: 1) a thorough knowledge of the HUD 1 and 2) an exit strategy for each investment (two common problems found in real estate investment programs).
About Anchor Renaissance Institute:
Anchor Renaissance Institute's Founder and CEO, Leslie Wynn, is a native of Illinois. Mrs. Wynn received her Bachelor's Degree in Business from Southern Illinois University. She is currently enrolled in Johns Hopkin's Masters Program in Real Estate Development. Mrs. Wynn is assisted by her husband, Lloyd Wynn. Mr. Wynn is a graduate of Rutgers University in New Jersey and the District of Columbia School of Law. The Wynns have extensive experience in real estate finance with engagements that include intermediaries and secondary market principals such as Goldman Sachs, Bear Stearns, Criimi Mae, Ginnie Mae, Small Business Administration and GMAC-RFC.
The Focus of our diverity program is:
- Increasing the racial and ethnic diversity of the workforce and suppliers in all lending and credit-granting sectors.
- Researching and publicizing ways to capitalize on racial and ethnic diversity as a mechanism to increase minority loan originations.
- Teaching lenders/credit providers, credit enhancers and real estate industry participants about effective strategies to increase homeownership opportunities for minorities.
- Strengthening and developing business relationships among lending companies who are committed to closing the homeownership gap.
- Providing relief for credit distressed or under-served populations.
- Promoting social welfare by increasing minority homeownership rates, which in turn, increase economic development and minority household wealth.
- Lessening the barriers of entry for minority-owned companies and contractors.
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See the original story at: http://www.prweb.com/releases/2005/10/prweb298780.htm
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