May 4, 2009

Mortgage Bankers Celebrate Victory: Anti-bankruptcy Reform Legislation Is Giving Mortgage Brokers A Reason To Celebrate! Our Politicians Work For THEM

This video is brought to you by The Real News Network. They wrote the following:

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 an 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.

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