VAR CEO Scott Brunner and 2012 president Mary Dykstra of Roanoke (center of photo, in brown blouse) met with Virginia senator Mark Warner in his Capitol Hill office. The agenda: housing, housing, housing.
Brunner and Dykstra were part of a group organized by the Virginia Mortgage Lenders Association that also included executives from the Virginia Bankers Association. Why the crowd? To show the influential senator that, when it comes to housing issues, Realtors and lenders are in virtual lock-step.
The group discussed a number of their common concerns, especially those stemming from new regulations affecting housing and the economy as a whole: the Consumer Financial Protection Bureau’s newly released qualified mortgage rule, the as-yet-to-be-defined qualified residential mortgage definition, the future of Fannie Mae and Freddie Mac, and the protection of the mortgage interest deduction, for example.
Warner sits on the Senate’s Committee on Banking, Housing & Urban Affairs, which among other things deals with housing, transportation, and community development.