Matic, a leading digital insurance agency, and the MBA Opens Doors Foundation, the charitable arm of the Mortgage Bankers Association, announced today an ongoing partnership to help families with a critically ill or injured child make their mortgage or rent payment.
Through their joint Keeping Hearts in Homes campaign, the Matic Cares Foundation will donate a minimum of $25 to MBA Opens Doors for each new Matic customer referred through a participating partner’s program.
"The last thing a family should worry about while caring for a critically ill child is the possibility of losing their home," said Ben Madick, CEO, Matic Insurance Services. "The MBA Opens Doors Foundation provides families financial comfort during incredibly challenging times. We are honored to partner and to make giving more accessible to our network of mortgage lenders."
Matic’s digital insurance marketplace of 30+ A-rated carriers is integrated into the mortgage lending and home ownership experience. Keeping Hearts in Homes will be open to Matic's network of 40 mortgage lenders as well as any new partnership onboarded in 2021.
"Support from companies like Matic make it possible for Opens Doors to help thousands of families with critically ill or injured children stay in their homes while their child is in treatment," said Debra W. Still, CMB, President and CEO of Pulte Mortgage and Chairman of the MBA Opens Doors Foundation. "Now, and always, The Opens Doors Foundation is grateful to the real estate finance community for helping families that need us, by protecting the importance of 'home.'"
"The pandemic has exacerbated the challenges families with sick children face," said Deborah Dubois, President of the MBA Opens Doors Foundation. "Not only are many families dealing with the financial impact of the pandemic, but many of our most vulnerable families and children are also facing COVID-19 diagnoses themselves. It is an extremely difficult time for families with children in treatment, and we are deeply grateful for Matic's support."
Since 2012, MBA Opens Doors has provided more than $9.2 million in housing assistance and grants to over 6,400 families in crisis across the U.S. MBA Opens Doors is the mortgage industry’s bridge between professionals and families who need help. Administrative expenses are covered by the MBA so that 100% of every dollar donated goes directly to families in need.
Visit the Keeping Hearts in Homes campaign to learn more.
Since 2014, Matic has changed the landscape of the insurtech industry by integrating insurance within the home and auto ownership experience. Today, Matic’s digital insurance marketplace has over 30 A-rated home and auto carriers, as well as distribution partners in industries ranging from mortgage origination and servicing to banking, real estate, and personal finance. With a single-minded focus on advocating for policyholders, Matic has created an effortless and transparent comparison-shopping process, saving customers days of work and over 30% in premiums each year. For more information, visit matic.com.
About MBA Opens Doors Foundation
The MBA Opens Doors Foundation, through its Home Grant Program, provides mortgage and rental assistance grants to families with critically ill or injured children. Since 2012, Opens Doors has become a critical part of a family's support structure, especially when a parent or guardian must take unpaid leave to be with a child in treatment. Grants of up to $2,500 are made monthly to families with a child in treatment at a children’s hospital in the Foundation’s network. Fourteen hospitals in seven states and the District of Columbia participate in the Foundation’s network. For more information on Opens Doors' mission, please click here.