Meghan Sullivan, associate vice president of legislative and political affairs at the Mortgage Bankers Association, has been running tirelessly, expertly managing the busiest year on Capitol Hill for the industry since the Dodd-Frank Act passed.
Tax reform, regulatory relief and government-sponsored enterprises reform were all front and center, and Sullivan played a significant role for the industry in all three.
On tax reform, she worked to secure introduction and passage of an amendment to the trillion-dollar tax reform package that exempted mortgage servicing rights from a provision in the bill that would have cost servicers billions, quarterbacking an all-out lobbying blitz.
She utilized MBA’s policy expertise and combined direct interaction with senators and tax writing staff on Capitol Hill with grassroots advocacy from MBA members in key states, identifying lenders that would have been directly impacted by certain provisions and connecting them with their senators to explain how the legislation would impact their states.
During ongoing GSE reform discussions, Sullivan ensured MBA had a seat at the table to testify before the Senate Banking Committee as the thought leader in the space.