NASDAQ to delist Home Loan Servicing Solutions

NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops

First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators
W S
Lending / The Ticker

Top housing associations place bets on politics

flag
/ Print / Reprints /
| Share More
/ Text Size+

As election season looms closer, top housing associations are quickly pouring money into candidates they favor. The National Association of Realtors has already contributed $1.4 million to federal candidate, according to an article in MarketWatch.

Housing groups have already spent millions of dollars this election season, and check-writing is sure to ramp up over coming months. Given the partisan gridlock in Congress, one might wonder why the industry would bother to invest so much in lawmakers who may accomplish very little. The answer is simple: advocates must use every opportunity to promote their position.

“A trade group representing an industry cannot be caught on the sidelines and unprepared,” said Brian Gardner, an analyst at Keefe, Bruyette & Woods, a New York-based investment bank. “Groups and advocates want to be proactive and always try to build political capital, even when the prospects of legislation are low.”

Source: MarketWatch
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus