How Black Lives Matter impacted the housing industry
Today’s HousingWire Daily features the fifth episode of Honest Conversations, a miniseries on minority homeownership hosted by HousingWire Digital Media Manager Alcynna Lloyd. In this episode, Lloyd interviews Montell Watson, the director of corporate strategy at Movement Mortgage, about the impact Black Lives Matter had on the housing industry.
Here is a small preview of the interview, which has been lightly edited for length and clarity:
Alcynna Lloyd: Montell, as minority homeownership became a prominent topic of discussion for the housing industry in 2020, Movement Mortgage was one of the many companies to lead the discussion. In fact, the company published a podcast interview that discussed the topic and Black Lives Matter in detail. Can you talk a bit about the episode and how you felt recording it?
Montell Watson: Absolutely. Homeownership for Black Americans is a very important topic for us at Movement Mortgage. We feel that anytime any group is marginalized, we want to love on them, and find a way to help them. So, we’ve done several interviews on this topic. One of those interviews featured Casey Crawford, Adam Constantine, our team, and me. At the time, we just wanted to bring to light where the homeownership rate was and now, today, we want to make sure financial institutions step out to ensure there’s equity across the board for all people, as it’s important that everyone has opportunities to own homes…. The way I feel about it is if we can bring unconscious biases to light and make them conscious, it can open people’s eyes to things they never realized.
Honest Conversations is a miniseries that examines the state of minority homeownership and the factors that have contributed to inequality within American housing. Each Wednesday, tune into HousingWire Daily as we aim to provide listeners with a greater perspective on how race, housing, and wealth intersect and what experts are doing to close the gap. Sponsored by Caliber Home Loans and hosted and produced by Alcynna Lloyd.