Dodd-Frank opens more federal contracting to minorities, women

The Housing Wire reports:

Regulatory reforms should open up contracting opportunities for minorities and women at federal regulatory agencies and at the financial institutions they regulate, according the Federal Housing Finance Agency.

Representatives from the FHFA and the Federal Deposit Insurance Corp. participated in a Friday teleconference organized by the National Association of Women REO Brokerages about Section 342 of the Dodd-Frank Act.

Section 342 established the creation of offices of minority and women inclusion, or OMWI, at all federal regulatory agencies that oversee the financial industry. That includes establishing diversity procurement procedures at the agencies.

White males need not apply. Just a reminder.