Kurt Pfotenhauer
Sr. VP, Government Affairs
Mortgage Bankers Association
Washington, DC

To rely on the wisdom of our subscribers--always a safebet--Congress isn't exactly in bed with the real estate industry.Last week's Feedback Poll, which asked if those who populateCapitol Hill are deaf to real estate's needs, revealed that 84% ofour visitors think they are, the remainder voting in favor ofCongress' listening ability. This aligns exactly with a poll weconducted last year, specifically asking if Congress trulyunderstood the impact of TRIA. Again, 84% voted thumbs down. But adisconnect between the fed and the industry may not be so much of abad thing, as commentator Pfotenhauer attests.

"When I entertain this question, and I do get it from time totime from our members, I remind them to be careful what they wishfor. Considering how well commercial real estate is doing rightnow, you don't want the government in your business. You want to befree to innovate and grow where consumer demand allows you togrow.