Mortgage bankers are trying to get a provision to create a secondary market for commercial real estate loans included in legislation when it reaches the Senate floor.

The provision isn't included in the proposed Community Development, Credit Enhancement and Regulatory Imprement Act, S. 1275, approved by the Senate Banking Committee Sept. 21. Instead, the bill includes a provision that will create a secondary market for small business loans.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.