{"id":8262,"date":"2026-05-19T21:30:00","date_gmt":"2026-05-19T19:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=9427755e567ae7accee2199471ff404b"},"modified":"2026-05-19T21:30:00","modified_gmt":"2026-05-19T19:30:00","slug":"bacs-annual-advocacy-in-action-fly-in-brings-unified-broker-voice-to-capitol-hill","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=8262","title":{"rendered":"BAC\u2019s Annual Advocacy in Action Fly-In Brings Unified Broker Voice to Capitol Hill"},"content":{"rendered":"

\n200+ mortgage brokers and industry professionals meet with lawmakers on rising credit report costs and key housing policy issues<\/i><\/p><\/a><\/a>

WASHINGTON--(BUSINESS WIRE)--The Broker Action Coalition (BAC), in partnership with the National Association of Mortgage Brokers (NAMB), brought a powerful, unified message to Capitol Hill this April during the 2026 Advocacy in Action: Better Together Fly-In.<\/p>

\nFrom April 20\u201322, more than 200 mortgage brokers and industry professionals from across the country gathered in Washington, D.C. to learn and share firsthand perspectives with lawmakers on the realities facing brokers and homebuyers.<\/p>

\nThis year marked a defining moment for the event, as two leading industry organizations came together under one vision. Together, they delivered a stronger, more coordinated voice for brokers and the consumers they serve.<\/p>

\nA Unified Message: Reducing the Cost of Credit Reports<\/b><\/p>

\nDuring \u201cHill Day,\u201d BAC advocates fanned out across Capitol Hill, holding 81 meetings with congressional offices to share personal insights drawn from their day-to-day work with borrowers. These meetings spanned the House and Senate, engaging bipartisan offices representing 22 states and Washington, D.C.<\/p>

\nA central focus of these conversations was the growing burden of credit report costs\u2014an issue that continues to impact affordability and limit consumers\u2019 ability to shop for the best loan options.<\/p>

\nAttendees introduced policymakers to practical, market-driven solutions, including the concept of a portable credit report. Under this model, borrowers could reuse a single, verified credit report across multiple mortgage companies while comparing loan options.<\/p>

\n\u201cA portable credit report is a simple, common-sense solution,\u201d said Brendan McKay, BAC Chief Advocacy Officer. \u201cAt a time when affordability is already stretched, borrowers should not face repeated upfront costs just to shop for a mortgage. This is about lowering upfront costs, reducing barriers to entry, and expanding access to the American dream of homeownership.\u201d<\/p>

\nThe message resonated with lawmakers and staff, with many offices engaging on the issue and expressing interest in solutions that better serve consumers and small business mortgage professionals.<\/p>

\nA Powerful Agenda That Set the Stage for Action<\/b><\/p>

\nThe agenda brought together industry leaders, policymakers, and advocacy partners from across the housing and mortgage ecosystem.<\/p>

\nSessions focused on key issues shaping today\u2019s market, including credit scoring models, appraisals, affordable housing, and the evolving regulatory landscape. Speakers included Rep. Emanuel Cleaver (D-MO), Rep. Mike Flood (R-NE), and Rep. Mark Takano (D-CA), alongside senior officials from HUD, representatives from Fannie Mae and Freddie Mac, and staff from the U.S. Senate Banking Committee.<\/p>

\nA highlight of the day was remarks from HUD Secretary Scott Turner, whose perspective on housing policy and affordability was particularly well received by attendees.<\/p>

\nThe day concluded with a joint reception supporting Broker Action Coalition PAC (BACPAC) and National Association of Mortgage Brokers PAC (NAMBPAC), reinforcing the importance of sustained investment in advocacy efforts.<\/p>

\n\u201cWe had the right voices in the room\u2014from industry leaders to policymakers shaping housing policy,\u201d said Rachel Clark, BAC Executive Director. \u201cThe brokers who attended this year brought real insight from their communities and a clear commitment to advocacy. They showed up strong in their meetings on Capitol Hill, and they will continue to be a powerful voice for positive change for broker small businesses and homeowners.\u201d<\/p>

\nSuccessful Event Made Possible by Partners & Supporters<\/b><\/p>

\nThe BAC\u2019s ability to advocate at this level is made possible thanks to the commitment of its corporate donors and individual contributors. Their support ensures that independent mortgage brokers have a strong, unified voice in the conversations shaping housing policy.<\/p>

\nThe BAC is proud to announce new corporate donors:<\/p>