Katie Sweeney, the
The move for BAC, which was created in 2022, will allow it to focus further on raising and managing funds for the political action committee, Broker Action Coalition PAC. Sweeney will be stepping down at AIME on March 31 to become co-founder and chief executive of the coalition, a press release states.
"This is a natural evolution for BAC, which has established itself as the most effective organization in advocating for our community," said Sweeney. "As an independent organization, BAC will be 100% committed to representing our community through state and federal policy reform, regulatory and agency change, and industry innovation to better the industry and help more homebuyers become homeowners."
Sweeney was the executive vice president of strategy at AIME, when in July 2020
Following the controversy, Sweeney became AIME's chairman and CEO in January 2021.
In addition to Sweeney, former
"BAC's efforts in its first year have resulted in a lot of momentum on public policy issues that will initiate meaningful progress for our industry," said McKay. "As an independent entity, BAC will be able to fully concentrate on championing independent brokers' rights, limiting unnecessary regulation within our channel, and giving the opportunity of homeownership to more Americans than ever before."
As a result of this reorganization, AIME's State Captain program and Homeownership Committees are moving into the BAC.
AIME is forming a committee to appoint a new CEO.
"AIME has been the backbone of the independent mortgage broker community