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A 25-year veteran of Quicken Loans, Shawn Krause was given the tremendous responsibility of figuring out the company’s role and growing its influence in Washington, D.C. after the recession. With no background in government affairs, she began at square one by familiarizing herself with the political structure, lending and finance policy.

Spearheading the effort, Shawn quickly grew the company’s team in Washington by listening to and understanding the industry. She had experience in nearly every position at Quicken Loans – from loan processor to capital markets to technology.  Shawn was new to government affairs, but she emphasizes it is the role that suits her the best. “I’m passionate about making sure decision makers have all the facts,” Shawn explains. “It’s about the future of our industry and an investment in it as well.”

Shawn’s passion for policy and change go beyond her role at Quicken. She underlines the importance of starting locally in order to create change. “As a business owner you should know who your lawmakers are, you should go to rallies, want to understand, and most importantly you should care,” she stresses.

For those beginning their political activism Shawn suggests joining an association like NAHREP that will guide the process. “Create and retain relationships with those you meet along the way, especially with your congressional representative,” she says. “Keep in touch throughout the year to update them on what their constituents and the industry are experiencing, and what they want from them as leaders. You can’t complain if you don’t get involved.”

Additional Reading

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Politics: 7 Ways to Get Involved Now

If you have, by some miracle, managed to avoid all manner of news lately, you might be surprised to know that there’s a U.S. presidential election in full swing. Even if you are aware of it, you may be reluctant to get involved or just not sure where to start. I wouldn’t dream of suggesting that you vote for one candidate over the other, but I would like to make a few suggestions for getting in on some of that political action.

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NAHREP’s 2016 Policy Positions

Get familiar with NAHREP’s current policy statement, which was unveiled at the 2016 Housing Policy & Hispanic Lending Conference in March. Annually, NAHREP evaluates its position on a number of key policy issues which have a direct impact on the association’s ability to accomplish its mission of sustainable Hispanic homeownership. In 2016, access to affordable mortgage credit is of critical importance that NAHREP is compelled to issue a Call to Action to regulators and policymakers.

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Politics and Homeownership in the U.S.

Whether or not the average homeowner realizes it, politics is the most important factor influencing the price of real estate, affecting the state of the economy, the level of interest rates, the nature of demographics, and a host of other variables that ultimately determine a property’s value. Politics is inextricably linked with all these issues, impacting such things as the level of employment, the cost of borrowing, the direction of immigration, and degree of consumer confidence.

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