NAMB issues call-to-action in support of HR 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008MortgagePress.comNAMB, HR 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008, John Ensign
On July 9, the National Association of Mortgage Brokers issued a
Call-to-Action requesting that members contact their senators and
ask them to support HR 3221, the American Housing Rescue and
Foreclosure Prevention Act of 2008, without amendments that would
create exemptions to the all originator licensure and registration
provision in the bill.
The bill is expected to come up for a vote before the full
Senate Thursday morning. It has already passed a cloture vote
despite several parliamentary moves by Sen. John Ensign (R-NV), who
is attempting to attach an amendment that would extend several
expiring renewable-energy tax breaks without any offsetting
revenue-raisers. The measure is expected to pass the Senate and be
sent back to the House. For more information on HR 3221 and to
follow the process as this bill moves between the House and the
Senate, click here.
to answer NAMB's Call-to-Action.