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Home » Store » Taxable » Brokers Call for Counseling of High-Cost Borrowers

Brokers Call for Counseling of High-Cost Borrowers

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Mortgage brokers say they’ve hit on a recipe to thwart abusive lending, stamp out fraud, and get more people into homes – unfortunately, some ingredients are likely to prove unpalatable for lenders. Inside B&C Lending has learned that the National Association of Mortgage Brokers used recent meetings with Bush administration officials to make the case for mandatory counseling for high-cost mortgage borrowers – an idea that lenders have
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