February 5, 2002 Letter to Senators Warner and Allen
PO Box 8208
Alexandria, VA 22306-8208
February 5, 2002
The Honorable John William Warner
United States Senate
225 Russell Senate Office Building
Washington, DC 20510-4601
The Honorable George F. Allen
United States Senate
204 Russell Senate Office Building
Washington, DC 20510-4604
Dear Senators Warner and Allen:
I strongly urge you to oppose S. 1839, the “Community Choice in Real Estate Act.” By prohibiting financial holding companies from engaging in real estate brokerage and management activities, this legislation would significantly reduce consumer choice and limit competition in the real estate brokerage industry. It would also reverse the will of Congress as expressed in the Gramm-Leach-Bliley Act. Please preserve consumer choice and competition in the real estate brokerage market by opposing S. 1839. If you have any questions about this legislation, please contact the Government Relations Department at America’s Community Bankers at (202) 857-3100.
Sincerely,
James Landrith