In a letter to the Senate, the Credit Union National Association along with other trade organizations noted the importance of the Mortgage Choice Act. See how the act would impact borrowers and lenders alike.
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Industry Reacts to Passing of Mortgage Choice Act
On Thursday, the House voted 280-131 to pass H.R. 1153, the Mortgage Choice Act of 2017. This bipartisan legislation would preserve consumer choice and help more Americans— especially those with low- and moderate-incomes and first-time homebuyers—achieve the American Dream of homeownership.
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