California Association of Mortgage Brokers Commends Passage of Mortgage Insurance Tax Deductibility Bill.Bill Will Help Consumers by Making Their Mortgage Insurance Premiums Tax Deductible That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). SACRAMENTO, Calif. -- As part of their ongoing effort to promote consumer protection, the California Association of Mortgage Brokers (CAMB CAMB California Association of Mortgage Brokers CAMB Cell and Molecular Biology CAMB California Aggie Marching Band (University of California, Davis) CAMB Center for Applied & Molecular Biology (Pakistan) ) issued a statement praising new tax legislation signed into law today by President George W. Bush, which allows the deduction of mortgage insurance premiums on federal income tax returns. "The California Association of Mortgage Brokers applauds Congress and the President for taking action to make mortgage insurance tax deductible for working families," said Jack Williams
John (Jack) Henry Williams VC DCM MM & Bar (29 September 1886-7 March 1953), was a Welsh recipient of the Victoria Cross, the highest and most prestigious award for , President of the California Association of Mortgage Brokers. "We support ongoing efforts to help Californians achieve and protect the American Dream American dream also American Dream n. An American ideal of a happy and successful life to which all may aspire: of homeownership and this is another step forward in that process. The Association and its members are committed to working with elected officials at all levels of government to help increase homeownership." The California Association of Mortgage Brokers is a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. representing more than 4,000 industry professionals throughout California. CAMB provides ongoing education to industry members, maintains industry standards, and supports efforts to increase consumer understanding of mortgage broker services. Additional CAMB information can be accessed via the Internet at www.cambweb.org |
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