The current pending Assembly and Senate Bills can have a crippling effect on the ability of mortgage lenders to do cost effective business in the State. The well intended legislative initiative could chill lending since the State is proposing that borrowers be given a ‘free’ three months of mortgage payments. MBA makes it easy to send letters to your appropriate senator and assemblywoman.
We ask that our ESMBA membership click on the MAA link below and take a moment to send the letter. I think this is a VERY important issue that requires immediate attention.
TAKE ACTION CLICK HERE