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Tony Thompson, CMB

NAMMBA

Founder and CEO

Strategic Breakout
Wednesday, April 17th 
10:30 am - 11:30 am

What Lenders Can Learn from Recent DOJ Lawsuits

Lawsuits - Since 2021, the DOJ has announced 11 redlining cases and secured over $109 million in relief for communities of color that have been the victims of lending discrimination across the country. This session will walk through some of the findings while highlighting best practices for lenders to grow purchase originations and mitigate their risk with the regulators.

Tony Thompson's Bio

J. Tony Thompson, CMB is the Founder & CEO of the National Association of Minority Mortgage Bankers of America (NAMMBA), an organization dedicated to increasing the engagement of women and minorities with the Mortgage Bankers Association at the local, state and national level. Since its inception in 2016, NAMMBA has grown to over 30 chapters and 7,500 members nationwide.

 

J. Tony Thompson, CMB has over 15+ years of leading and building high performance sales teams. As the Founder/CEO of NAMMBA, Mr. Thompson’s vision is to create a platform where women and minorities can connect, grow and become leaders in the mortgage industry while providing a platform to recruit and train the next generation of mortgage professionals.

 

Mr. Thompson received his B.S. from South Carolina State University in Business Administration and a MBA from Webster University. In 2011, he received his Certified Mortgage Banker (CMB) designation from the National Mortgage Bankers Association. This distinct designation is held by less than 1% of industry professionals. He currently is a board member for the National Mortgage Bankers Association Residential Loan Production Committee and a graduate of the MBA Future Leaders Program.

 

Over the last several years, he has been recognized and featured in many industry publications for his dedication to the community and mortgage industry. Finally, Mr. Thompson serves on the board of directors for several non-profit organizations and is a member of Omega Psi Phi Fraternity, Incorporated.

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