Hi, I’m Adam DeSanctis. This is the Mortgage Minute, the latest news from the Mortgage Bankers Association. Last week, thanks to MBA’s congressional allies, Senators Jack Reed and Bill Hagerty, the Senate passed a bipartisan Trigger Leads bill known as the Homebuyers Privacy Protection Act by unanimous consent. That’s the good news. However, while there was serious discussion regarding placement of the bipartisan Trigger Leads bill on the House suspension calendar, The outgoing chair of the House Financial Services Committee, Patrick McHenry, and staff raised the same objections that scuttled the bill’s chances of being attached to other moving legislative vehicles prior to the end of the 118th Congress. So what’s next? MBA will keep working with other coalition stakeholders and our congressional allies, including a bipartisan set of 93 House and 44 Senate co sponsors. To advance this needed policy change via renewed advocacy next year in the 119th Congress. And finally, if you haven’t already, please register to join us in Austin, Texas on January 27th through the 29th for MBA’s annual IMB conference. We have a great slate of speakers and sessions, and you don’t want to miss the big IMB party. Go to mba.org/imb25 to register. That’s it for this week. Thank you for listening, and happy holidays.
Adam DeSanctis, VP, Communication at Mortgage Bankers Association
As a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA’s social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA’s research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA’s organizational public affairs plan, media relations and member communications support for mPower, MBA’s Opens Doors Foundation and MBA’s Diversity, Equity, and Inclusion programs.