The Massachusetts Affordable Housing Alliance (MAHA), Citizens’ Housing & Planning Association (CHAPA) and Allston-Brighton CDC joined together to ask Congress not to strip protections for homebuyers created in the Dodd-Frank reforms.

MAHA Executive Director Tom Callahan, CHAPA Executive Director Brenda Clement and Allston-Brighton CDC Director of Home Ownership Michelle Meiser believe the bill is "another attempt by the big banks to do an end run around the tough Wall Street reform bill that passed Congress in the wake of the financial crisis and the ensuing Wall Street bailouts," according to a press release.

"I can attest to the challenges that come with more expensive loans. People are unable to get housing," Meiser said in a statement. "We need to support benefits of communities, not just individuals, to access home ownership safely and responsibility."

Affordable Housing Advocate Groups Oppose Mortgage Choice Act

by Banker & Tradesman time to read: 1 min
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