Real Estate Groups Beef Up Lobbying on Tax Reform – NMP
Industry News

Real Estate Groups Beef Up Lobbying on Tax Reform

Oct 23, 2017
Fleishman & Associates has announced the roll out of its proprietary Real Estate Taxpayer Mortgage Qualification Program (MQP)

With Capitol Hill and the White House getting ready for a potential overhaul of the U.S. tax code, real estate and business trade groups are ramping up their lobbying efforts with a display of significant financial influence.
 
According to a Bloomberg report, the National Association of Realtors (NAR) spent $11.1 million during the third quarter to get its message and influence across to the nation’s legislators. The National Association of Real Estate Investment Trusts spent $1.23 million during that period, a record amount poured out by that group on lobbying.
 
Also opening their wallet in the third quarter was the U.S. Chamber of Commerce, which poured $13.12 million into the tax policy discussion along with efforts to repeal and replace the Affordable Care Act. The Business Roundtable spent $4.53 million on lobbying in the same quarter, up by more than $1 million from the same period in 2016.
 
President Trump has trumpeted the upcoming tax code legislation as “the largest tax cuts in U.S. history,” although no specific legislation has yet to be presented before Congress.
 
About the author
Phil Hall
Link copied
Published
Oct 23, 2017
Get the NMP Daily
Analysis and Data
World Cup Tickets Outpace Mortgage Payments

Monthly mortgage payments have become the new yardstick for sticker shock

For some World Cup fans, the cost of one seat has climbed into mortgage-payment territory.The World Cup kicks off Thursday in Mexico City, opening a six-week tournament across 16 North American host cities. FIFA expects the event to draw between 5 million and 6 million fans,...

Continue reading
Industry News
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

President Donald Trump abruptly canceled Wednesday’s planned signing of the 21st Century ROAD to Housing Act, throwing the future of a sweeping bipartisan housing affordability package into uncertainty just hours before it was expected to become law.“Today’s Housing News Con...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Industry News
Jun 24, 2026
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Industry News
Jun 18, 2026
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Industry News
Jun 18, 2026
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Industry News
Jun 17, 2026
Florida Pending Sales Signal Strong Summer Housing Market

Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power

Industry News
Jun 16, 2026
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Industry News
Jun 12, 2026