Mortgage brokers and bankers are embarking on a campaign to persuade Congress to impose a temporary moratorium on class actions over the fees lenders pay to get loans.

The Mortgage Bankers Association of America, the Consumer Mortgage Coalition, and the National Association of Mortgage Brokers have drafted moratorium legislation, representatives of the brokers association said. In a Jan. 23 letter, the association asked its 5,000 members to lobby lawmakers to adopt the measure.

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