The Broker Action Coalition (BAC) announced the appointment of Jamie Cavanaugh as CEO.
Cavanaugh currently serves as CEO of reAlpha Mortgage and will continue in that role while leading the BAC, which promotes itself as an “advocacy channel uniting mortgage brokers and their supporters to fight for broker and homebuyer rights nationwide.”
“I’ve spent three decades in the mortgage industry, and advocacy has been an important part of my work for a long time. I’ve seen firsthand how decisions made in Washington affect mortgage professionals, businesses, and, ultimately, the consumers we serve,” Cavanaugh said. “BAC has already proven what focused, effective advocacy can accomplish. My goal is to build on that foundation. To expand our reach, bring more people into the movement, and make sure BAC has the resources and influence to be an even stronger voice for the industry.”
BAC President and Co-Founder Brendan McKay will continue in his current role and partner closely with Cavanaugh to lead the organization. Cavanaugh will concentrate on organizational strategy, growth, and resources, while McKay will remain focused on advocacy, policy, and industry relationships.
“Jamie is smart, ethical, and relentless. There isn’t a more respected person in the broker community, and saying I’m excited to have her on board helping lead the BAC would be a drastic understatement,” McKay said. “The engine that keeps the BAC chugging along is fueled by passion, and Jamie has it in spades. The broker channel is her community, and she is going to fight like hell for the people in it. Her combination of experience, credibility, energy, and fearlessness is exactly what the BAC needs for its next chapter.”
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