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2020 Elections: Political Impacts on the Mortgage Industry
Alden Knowlton
Alden Knowlton
Associate Vice President of Political Affairs, Mortgage Bankers Association

Alden Knowlton, Associate Vice President of Political Affairs at MBA, will share insight from ‘Inside the Beltway.’ Historically, Labor Day marked the traditional beginning of the campaign season with respective national parties hosting summer nominating conventions and candidates subsequently barnstorming the nation for a few months before voters cast ballots in November. In the days of social media and 24-hour news cycles, presidential campaigns have become years-long efforts, but with both parties set to host their nominating conventions in the coming weeks, the campaign cycle has officially hit its stride. This session will analyze the present political environment and empower conference attendees with an understanding of issues facing the real estate finance industry. She will highlight the political landscape of the election year and address how mortgage banking concerns will be affected by the outcome.

About Alden

Alden currently serves as the Associate Vice President of Political Affairs for the Mortgage Bankers Association (MBA) where she oversees the PAC (MORPAC) and Grassroots Advocacy (Mortgage Action Alliance) programs of the association, including the development and execution of an over $2.25 million/cycle fundraising and federal disbursement plan, direction of all grassroots activities of the 47,000 member network, including industry “Calls to Action,” and management of the annual National Advocacy Conference in Washington, D.C. Grassroots membership has tripled under her leadership, leading to a 400% increase in communications to Congress.

She also serves as one of MBA’s key contacts within the PAC community and political party organizations and is a frequent guest speaker at events and on webinars, addressing hundreds of other PAC professionals about a variety of topics related to advocacy.

She previously served as the ACRE® (PAC) Manager at the National Rural Electric Cooperative Association (NRECA), where she managed all aspects of the ACRE and ACRE Co-op Owners for Political Action® outreach programs, serving as lead facilitator for statewide associations and local rural electric cooperatives in the creation of ACRE strategic planning efforts. She planned and implemented an annual ACRE workshop to train local and statewide ACRE staff, ensuring compliance of ACRE programs with federal law, developing innovative strategies for marketing and promoting ACRE at both the national and local cooperative level.

She led a 50th Anniversary marketing and fundraising campaign that incorporated an accelerated peer to peer outreach strategic plan among national leadership, resulting in a program record $3.8 million raised from over 35,000 individual contributors giving an average of $59 in the 2016 election cycle. During her tenure, she generated a 47% increase in PAC memberships among electric cooperative member-owners, with over 11,000 members at over 100 cooperatives contributing via their electric bill.

Prior to NRECA, she worked for 5 1⁄2 years consulting on political campaigns, providing fundraising and campaign strategy services for Congressional incumbents and candidates. Originally from Charleston, SC, she attended college at Sewanee: The University of the South in Tennessee, where she played basketball. She currently resides in Washington, DC.