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Home » Store » Taxable » Mortgage Groups Hail Progress, Urge Changes

Mortgage Groups Hail Progress, Urge Changes

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Trade group officials were generally pleased by the GSE reform plan put forward by lawmakers in the Senate Banking, Housing and Urban Affairs last week, although several organizations would like to see fewer restrictions on retained portfolios in the final legislation. “We think there is some room for compromise there,” said Robert Davis, executive VP and managing director for government relations at America’s Community Bankers. “We’re very encouraged by the [bipartisan] language [used by the…
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