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Washington
Inside Washington (08/30/2012)
  • TAMPA, Fla. (8/31/12)--Real estate and mortgage industry insiders are seeking an audience with legislators at this week's Republican National Convention, and will be doing the same at next week's Democratic gathering in Charlotte, N.C. And the insiders are discussing key issues as they meet with lawmakers (American Banker, Aug. 30). Potential elimination of the mortgage interest tax deduction, and the impact of the Dodd-Frank Wall Street Reform Act, are among the topics being discussed. The housing industry representatives are working to convince lawmakers to leave mortgage deduction changes out of any future tax solutions, noting that a strong real estate market would help along the ongoing economic recovery. Dodd-Frank risk-retention regulations have also been discussed …


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