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The Mortgage Bankers Association of America wants a prominent seat at the national policy table.
Although the organization has been operating without an executive vice president for months, its elected leader, Andrew Woodward, chairman of Bank of America Mortgage, Charlotte, says the MBA has "earned" the right to be heard.
"Nearly 70% of the local taxes in America - taxes that pay for roads, schools and community services - are provided by real estate," Mr. Woodward said at the MBA's annual Commercial Real Estate ...
Source: HighBeam Research, Tax Burden Justifies Industry's Influence.(Brief Article)