Mortgage Bankers Celebrate Victory :Foreclosure Bill Killed In Senate

[democracy1st]

Run time: 04:40 https://www.youtube.com/watch?v=vS_6zn3B0pw   Posted on YouTube: April 30, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: May 01, 2009 By DU Member: democracy1st Views on DU: 803

 
You would think this year's Mortgage Bankers Association annual meeting would be a rather solemn affair -- given the criticism the industry has endured in recent months. But our ANP reporter attending the meeting found the bankers in a celebratory mood. The reason? A massive lobbying campaign against bankruptcy reform legislation known as "cram-down" appeared to be working.

[ihavenobias]

1. So disheartening.

But thanks for posting.

[msongs]

2. I'd like to buy a congressperson's vote for......how much do they sell out for these days? nt

[Joanne98]

3. K&R Everybody needs to see this!

[Joanne98]

4. And here's the Mortgage Bankers Association contact page

http://www.mortgagebankers.org/AboutMBA/SiteToolsandInformation/ContactUs.htm

If you want to send them a short note about how they're going to LOSE next time.

[Karenina]

5. . .

[Hugin]

6. Wow... Tons of minorities in that room, eh?

:sarcasm:

[Chiquitita]

7. I wrote to the MBA

Just a note to tell them that citizens are watching what they do.