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September 13th, 2023

Rev Duane Quamina: Revolutionize the Mortgage Industry

  1. Rev Duane Quamina: Revolutionize the Mortgage Industry Alex Escobar and Aziz Yousuf 59:09

In this episode, we dive deep into the life and ventures of Reverend Duane A Quamina, a man with a truly cinematic past who has now dedicated himself to a revolutionary mission. Rev Quamina shares how he transitioned from a life steeped in crime to becoming a change-maker aiming to democratize the mortgage industry. You’ll hear his dramatic life story, which could soon be turned into a movie with possibly Jamie Foxx involved, and you’ll learn about his new initiative aimed at alleviating systemic biases in mortgage lending for people of color.
Life Story (00:05:30 – 00:12:15)

Rev Duane Quamina talks about his tumultuous journey, from being involved in drug distribution to participating in the largest heist in American history. His life took a turn after meeting Reverend James Bevel, a key figure in the Civil Rights Movement, who became a mentor and shifted his trajectory towards social impact.

Influence of Mentors (00:12:20 – 00:16:05)

Quamina emphasizes the influence of Reverend James Bevel and how his guidance was the catalyst for changing his life. Bevel taught him the importance of ‘leaving a record’ and making an impactful change in society.

Revolutionary Approach to Mortgages (00:20:05 – 00:25:00)

Quamina discusses his latest initiative—a revolutionary mortgage company aimed at serving 13 million underserved homebuyers. He outlines the plans to break down barriers, reduce risk, and challenge discriminatory practices in the mortgage industry.

Crowdfunding and Networking (00:25:05 – 00:27:30)

Rev Quamina utilized Oscar Joffrey’s platform for crowdfunding to raise capital for his mortgage initiative. The episode reflects on how networking and collaboration can serve to amplify impact.

Addressing Systemic Biases (00:27:40 – 00:32:00)

The episode concludes with a discussion on how Quamina’s new company aims to address systemic biases that are deeply ingrained in the mortgage and banking industry. By creating a platform that aims to be free of discrimination, Quamina aims to radically change how lending is done, especially for minorities and people of color.

Tune in to this awe-inspiring episode to learn how one man’s transformation can lead to societal change. Reverend Duane A Quamina is a living testament to the incredible impact that one individual can make when they focus their energy on the greater good.

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Alex is a Realtor and an investor that buys income producing apartment buildings and offers the opportunity for others to partner with him, sometimes for less cash than it would take to buy a single family investment property.

In addition to co-hosting the Screw The Stockmarket podcast, Aziz is an avid investor and burgeoning entrepreneur, with a deep interest in long-term financial growth opportunities. He is also a trained legal professional, and an expert international development and business advisor.

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