Industry Calls for Changes in Mortgage Reform Provisions, Bipartisan Group Wants Compromise Preemption Preserved
June 17, 2010
The mortgage banking industry this week urged House-Senate conferees to take action on several provisions in the conference base text for H.R. 4173, the Restoring American Financial Stability Act of 2010, even as centrist Democrats warned conferees not to touch a hard-fought compromise on federal preemption. The conferees this week began considering various sections of a massive “conference base text” that was cobbled together with...