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Home » Store » Taxable » After Two-Year Hiatus, Mortgage Reform is Back, Groups Hash Out New Approaches to Old Issues

After Two-Year Hiatus, Mortgage Reform is Back, Groups Hash Out New Approaches to Old Issues

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The mortgage industry appears to be on the verge of getting a consensus on comprehensive mortgage reform, as major lender and broker trade groups relented on their position to make guaranteed closing cost a requirement in the loan process. The conciliatory gesture is aimed at courting other industry groups that are opposed to mandatory closing cost guarantees and non-itemized packaging of services to return to the table with hope of crafting a legislative mortgage reform
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