Election 2020 Donations Reveal Divisions Within the Mortgage Industry

National Mortgage News, Aug. 27, 2020–Bonnie Sinnock, Paul Centopani (subscription)
Conventional wisdom suggests that in business, it’s often smartest not to take sides in politics. Figures in the mortgage industry have long understood this, largely supporting both Democrats and Republicans in about equal measure over time. But this isn’t any ordinary election year. Achieving a bipartisan consensus these days “is tough on any issue, and certainly will be on fair housing,” said Bill Killmer, senior vice president for legislative and political affairs at the Mortgage Bankers Association.