10 House Candidates with the Most Mortgage Backing
October 21, 2016 6:00 AM
The mortgage industry gets behind politicians for a variety of reasons. Some sit in leadership positions, while others sponsor legislation the industry supports. Here's a look at the candidates for House of Representatives who have received the most money in political donations from the mortgage industry, based on data from the Center for Responsive Politics and its website, OpenSecrets.org, through Oct. 18.
No. 10: Kevin McCarthy, R-Calif.
Total Contributions from Mortgage Industry: $23,600 Total Contributions Overall: $7,217,621 Rep. McCarthy represents the 23rd District of California, which spans Kern, Tulare and Los Angeles counties. He has been the House Majority Leader is 2014 and was the House Majority Whip before that. Another member of the House Financial Services Committee, he sits on the Subcommittee on Capital Markets and Government-Sponsored Enterprises and the Subcommittee on Financial Institutions and Consumer Credit.
No. 9: Brad Sherman, D-Calif.
Total Contributions from Mortgage Industry: $24,200 Total Contributions Overall: $1,051,535 Rep. Sherman represents California's 30th congressional district within the San Fernando Valley, in Los Angeles County, and sits on the Financial Services Committee. He recently sponsored the Too Big to Fail, Too Big to Exist Act, which would break up financial institutions that are deemed systemically important. The Senate version of the same bill was sponsored by Sen. Bernie Sanders, I-Vt.
No. 8: Kyrsten Sinema, D-Ariz.
Total Contributions from Mortgage Industry: $24,350 Total Contributions Overall: $3,311,077 Rep. Sinema represents Arizona's 9th Congressional District, which is located entirely within Maricopa County. She sits on the House Committee on Financial Services and is a member of the Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Oversight and Investigations.
No. 7: Jeb Hensarling, R-Texas
Total Contributions from Mortgage Industry: $26,530 Total Contributions Overall: $2,098,462 Rep. Hensarling represents the 5th Congressional District of Texas, which includes the southeast portion of Dallas County including Mesquite. He currently chairs the House Financial Services Committee, and has previously served as the Chairman of the House Republican Conference from 2011 to 2013.
No. 6: Paul Ryan, R-Wis.
Total Contributions from Mortgage Industry: $26,725 Total Contributions Overall: $17,848,632 Rep. Ryan is the 54th and current Speaker of the House of Representatives. He has served as the U.S. Representative for Wisconsin's 1st Congressional District, which cover the southeast portion of the state, since 1999. Ryan was also the Republican candidate for Vice President of the United States in the 2012. In 2014, he backed reform to the mortgage interest deduction.
No. 5: Andy Barr, R-Ky.
Total Contributions from Mortgage Industry: $29,250 Total Contributions Overall: $1,876,752 Rep. Barr serves Kentucky's 6th Congressional District, which includes the city of Lexington and Frankfort, the state's capital. He sits on the House Financial Services Committee and sponsored the Portfolio Lending and Mortgage Access Act that would provide a safe harbor from certain requirements related to qualified mortgages.
No. 4: Patrick McHenry, R-N.C.
Total Contributions from Mortgage Industry: $31,000 Total Contributions Overall: $2,569,709 Rep. McHenry serves North Carolina's 10th Congressional District, which includes portions of the central and western regions of the state. He is a member of the Financial Services and Oversight and Government Reform Committees. In 2011, he sponsored the HAMP Termination Act, which passed the House and sought to terminate the Treasury Department's authority to provide new mortgage modification assistance.
No. 3: John Delaney, D-Md.
Total Contributions from Mortgage Industry: $31,500 Total Contributions Overall: $1,093,583 Rep. Delaney represents Maryland's 6th Congressional District, which encompasses portions of the Washington, D.C., suburbs of Montgomery and Frederick counties and all of Washington, Allegany and Garrett counties. In addition to being a member of the House Financial Services Committee, he also serves on the Joint Economic Committee.
No. 2: Dennis Ross, R-Fla.
Total Contributions from Mortgage Industry: $32,000 Total Contributions Overall: $1,004,746 Rep. Ross represents Florida's 15th Congressional District, which includes many of the eastern suburbs of Tampa. He serves on the House Financial Services Committee and as a Senior Deputy Majority Whip. He also serves on the Subcommittee on Capital Markets and Government Sponsored Enterprises and Subcommittee on Housing and Insurance.
No. 1: Blaine Luetkemeyer, R-Mo.
Total Contributions from Mortgage Industry: $37,000 Total Contributions Overall: $1,771,956 Rep. Luetkemeyer represents the 13 counties that make up the 3rd Congressional District of Missouri, including the state capital of Jefferson City. He serves as a member of the House Financial Services Committee and is the Subcommittee Chairman of Housing and Insurance.
