[Adam] Hi, I'm Adam DeSantis. This is the Mortgage Minute, the latest news from the Mortgage Bankers Association. Following last Tuesday's decisive election results, Donald Trump will return to the White House as the 47th President of the United States after exceeding his 2020 popular vote in Electoral College tallies in battleground states across the country. As of this recording, Republicans are set to control the Senate with a likely 53 seat majority pending all finalized results. The tally of final majority control of the House of Representatives is still up in the air following both Democratic and Republican seat flips in various individual districts with some final outcomes, likely not completely known for several days. Either way, a Trump administration and Republican control of at least one chamber of Congress could lead to sweeping attempts at changes to regulatory and legislative policy in 2025 and beyond, from tax reform, increased interest in GSE reform, and new leadership at the CFPB, FHFA, Treasury, HUD, among other key considerations. MBA will provide a deeper analysis in the near future on the full outcome of the national election and what it means for our industry. In the meantime, be sure to register for the next Mortgage Action Alliance quarterly webinar on December 4th from 3PM to 4PM Eastern Time. You'll hear from a panel of experts as they reflect on the outcome of the election and how to prepare for what's ahead next year for our industry on the policy front. Go to mba.org/webinars to register. That's it for this week. Thank you for listening.
Adam DeSanctis, Director of Public Affairs 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.
