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Fannie Mae - Freddie Mac

The trillion dollar “Wall Street/ Main Street” discussion is back in the spotlight. Your action for equitable treatment is required.

 

Multi trillion dollar home loan giants Fannie Mae and Freddie Mac,  Government Sponsored Enterprises (GSE), would be BANKRUPT and EXTINCT if not for the 2008 BAIL OUT and subsequent rescue by the US taxpayers as a response to the 2008 world financial crisis.Home-Ownership

Talk is now increasing about removing the GSE conservatorship protection.  Plenty of government and private organizations from the United States Congress to the Mortgage Bankers Association of America, the Independent Community Bankers of America to Moelis & Company are making proposals.  This removal would let investor stockholders have access to possible profit gains and it would also remove financial responsibility from the taxpayer.

The Urban Financial Services Coalition (UFSC) is concerned that not only the stock investors and industry be given proper treatment, but that the communities of color that have lost trillions of dollars (CBS News June, 2013) in home ownership be given proper consideration.

 

Read More: Wall Street / Main Street


Our

Mission

Economic Empowerment

BEAM  –  Financial Fitness

Improving the financial condition of our ethnically and culturally diverse communities through financial literacy/education programs, home ownership, entrepreneurship, advanced wealth building workshops and local economic development initiatives

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Professional Development

Annual Summit  –   Speakers Bureau

Supporting the exchange of experiences, ideas and interests in order to promote career and professional development including a premier job bank of experienced minority professionals and commensurate career opportunities

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Educational Advancement

MARK 1  – Oratorical Competition

Delivering a wide variety of programs to assist minority youth pursuing careers in financial services, such as (1) educational, technical and advisory assistance where needed (2) scholarship programs for undergraduate/graduate studies and (3) mentorship and internship opportunities for college students and newly hired professionals

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Latest News

 

Harvey B. Gantt Center

Super Charge Your Business or Career Growth

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3 Days of Empowerment to Super Charge Your Business and Career Growth     read more

Week In Review

Week In Review – August 10, 2018

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Volume 24, Number 28 Reginald J. Smith, Community Development Manager – Bank of Kansas City Economic Highlights for Week Ending August 10, 2018   MONDAY, August 6th The CoreLogic Home Price Index rose 6.8% year over year in June, a slight increase from May’s 6.7% growth rate, which was revised down from 7.1% in this... read more

UFSC Dream Bigger

Donate items to “Bigger Dreams, Bolder Future” campaign

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Urban Financial Services Coalition (UFSC) seeking donated items that could be used in our national raffle for the “Bigger Dreams, Bolder Future” fundraising campaign. This campaign will help us fund scholarships and internships for students in the MARK I Leadership Program and Collegiate Oratorical Competition. Every year, we host a youth program called the MARK... read more

Week In Review

Week In Review – August 3, 2018

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Volume 24, Number 27 Reginald J. Smith, Community Development Manager – Bank of Kansas City Economic Highlights for Week Ending August 3, 2018   MONDAY, July 30th The NAR’s pending home sales index which tracks the number of signed sales contracts, rose 0.9% in June to 106.9 up mildly from a level of 105.9 in... read more

Week In Review

Week In Review – July 27, 2018

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Volume 24, Number 26 Reginald J. Smith, Community Development Manager – Bank of Kansas City Economic Highlights for Week Ending July 27, 2018   MONDAY, July 23rd Existing home sales fell 0.6% in June to an annual pace of 5.38 million following a decline of 0.7% in May to an annual rate of 5.41 million. ... read more

Week In Review

Week In Review – July 20, 2018

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Volume 24, Number 25 Reginald J. Smith, Community Development Manager – Bank of Kansas City Economic Highlights for Week Ending July 20, 2018   MONDAY, July 16th With tax cuts and growing wages supporting budgets, retail sales posted their fourth consecutive month of solid growth in June.  Sales rose 0.5% following growth of 1.3% in... read more

Lessons from Mortgage Crisis

Lesson Learned from Mortgage Crisis

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Do you want to connect virtually with other financial services professionals? Do you want to tap into other experts who can be a resource for your initiatives? Do you want to find out how UFSC can help you and how you can help others?   Join us for the UFSC Eastern Region Friday Connection Series... read more

Week In Review

Week In Review – July 13, 2018

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Volume 24, Number 24 Reginald J. Smith, Community Development Manager – Bank of Kansas City Economic Highlights for Week Ending July 13, 2018   MONDAY, July 9th Consumers ran up their credit cards in May while non-revolving credit balances increased sharply as well.  Total consumer credit outstanding rose by $24.6 billion in May.  Revolving credit,... read more

Donate or Become a Sponsor

Help this organization’s pursuit to better our communities – donate or sponsor today!.

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Become a Member

Join today,,,meet and network with other financial services professionals who seek economic empowerment, educational advancement and professional development.

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Join the Speakers Bureau

Sign up to lend your talents to our team of professional public speakers, including motivational speakers, business leaders and financial services subject matter experts.

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