What Is NAMBPAC?
NAMBPAC is the National Association of Mortgage Brokers’ voluntary, non-partisan Political Action Committee (PAC). This is the only Political Action Committee that represents Mortgage Brokers’ interests on Capitol Hill. NAMBPAC represents the Mortgage Broker Industry’s voice in the halls of Congress.
What Is the Intention of NAMBPAC?
NAMBPAC raises money to elect and re-elect candidates that have clear understanding of the topics that are at the forefront of the mortgage broker industry and who support our initiatives. NAMBPAC’s primary function is to support those candidates whose voting record and vision reflect the interests of our industry. NAMBPAC promotes member companies and their employees to participate in the campaign process ensuring that we have friends and allies in Congress.
Why Donate to NAMBPAC?
When you contribute to NAMBPAC you are helping your business and, on a larger scale, the Mortgage Broker Industry. NAMB members are able to build a united voice on Capitol Hill and provide a key role in the campaign process by contributing funds to support candidates who share the same view points and outlook for our industry. By sending messages to candidates and elected leaders, NAMBPAC provides pivotal information that helps the decision makers on Capitol Hill know and understand the issues affecting the mortgage broker industry.
Can My Company Contribute to NAMBPAC?
Yes. However the money your company donates will go in to the NAMBPAC non-federal account. What is the difference between NAMBPAC’s non-federal account and multi-candidate account? NAMBPAC’S multi-candidate account is comprised of individual donations called “hard dollars”. Hard dollars represent an individual’s earnings that he or she wishes to contribute. These funds are donated to political candidates for election and re-election. NAMBPAC’S non-fed account is comprised of corporate donations called “soft dollars” Soft dollars are a companies or association’s earnings that help defray the administrative cost of operating the PAC.
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