Mortgage industry veterans Kevin Breeland and Stan Gordon have announced that they are partnering in a new venture designed to represent industry interests in legislative and regulatory venues. DC Solutions Group LLC is an advocacy firm positioned to communicate the viewpoint of real estate services entities to policy-making entities considering issues impacting the industry. Headquarted in the nation’s capital, DC Solutions Group was created to meet a growing demand for a more focused industry voice at the grass roots level in the regulatory and legislative decision-making process, according to founding member Gordon.
“We have already entered an era in which a number of agencies and legislators with a limited understanding of the real estate services business are implementing new laws and rules directly affecting the mortgage industry," said Gordon. "It appears that these policy changes are being launched without an appreciation of the concerns expressed by the industry on the potential impact and unintended consequences of their actions. We intend to give our industry a clearer and louder voice at the policy-making table to achieve a balanced result to protect the consumer while preserving a functional marketplace.”
DC Solutions Group is not seeking to supplant or compete with the existing trade organizations, but rather, to reinforce and supplement their message, according to founding member Breeland.
“We believe that the mortgage and real estate industry is well-represented by its respective trade organizations," said Breeland. "However, we’re fighting a huge battle against a sea of new laws and regulations, much of it knee-jerk in nature. It’s going to take a lot more engagement and constituent follow up on the part of our industry to educate policy makers in Washington on the actual effects of their actions. DC Solutions Group will seek to channel that energy to for positive results.”
Breeland, a mortgage industry veteran of 33 years, comes to DC Solutions Group with extensive operational experience in all aspects of the mortgage banking industry. He has spent the last several years overseeing the government affairs for a major mortgage banker, with particular attention to federal issues. This has included direct interaction with members of Congress, their staffs and the agencies involved with regulation of mortgage and real estate. He is active in a number of trade associations including the Mortgage Bankers Association (MBA), where he has earned its designation as a Certified Mortgage Banker (CMB). He is a past chairman of RESPRO, which focuses on issues pertaining to Affiliated Business Arrangements under RESPA. Breeland has also participated in several industry and governmental task forces, including SBA Roundtables. He was recently selected to participate in the CFPB’s Small Business Review Panel as well.
Gordon’s experience includes having served in the role of General Counsel for the Coldwell Banker Residential Group, where he was extensively involved in obtaining the amendments to RESPA which permitted affiliated business arrangements. Gordon also worked as outside counsel with Prudential Residential Affiliates and Prudential Government Affairs on issues pertaining to real estate and financial services. Recently, he participated in the review and comment by the U.S. Department of Housing & Urban Development (HUD) on marketing services agreements in the real estate services industry. In all of these matters his responsibilities included coordinated efforts with the major trade associations, obtaining interpretations or comments from relevant federal agencies such as HUD, testifying before congressional committees and interfacing with members of Congress and their staff. He is a graduate of the UCLA School of Law, and has been a member of the California bar.