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Tax Burden Justifies Industry's Influence.(Brief Article)

Mortgage Servicing News

| March 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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 ...

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Source: HighBeam Research, Tax Burden Justifies Industry's Influence.(Brief Article)

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