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Home » Store » Taxable » MBA Ambivalent on Federal Anti-Abuse Bill, Preemption

MBA Ambivalent on Federal Anti-Abuse Bill, Preemption

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Mortgage bankers say they are in favor of a federal solution to the predatory lending issue. But, they apparently are still not fully behind a measure – backed by subprime lenders – that would provide one. In an annual “State of the Industry” report, Kurt Pfotenhauer, senior vice president for government affairs at the Mortgage Bankers Association of America, suggested that the trade group is not yet ready
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