Longtime mortgage banking executive and two-time candidate for Congress Frank T. Pallotta has been named a principal advisor at Mortgage Policy Advisors LLC (MPA), a Washington, D.C.-based strategic advisory firm.
Pallotta was a founding force behind three mortgage industry companies – Steel Curtain Capital in 2008, Loan Value Group in 2009 and SC Canadian Mortgage Group in 2016. Earlier in his career, he was managing director and co-head of U.S. residential business at Morgan Stanley.
In 2020 and 2022, Pallotta was the Republican candidate in New Jersey’s 5th U.S. Congressional District.
“MPA is an exceptional organization dedicated to providing clients with insights related to federal and state legislation, U.S. housing policy, and government regulations that affect the residential mortgage industry,” said Pallotta in a LinkedIn announcement of his new position. “Feels good to stick a toe (or two) back in the water!”