Housing and residential finance trade groups expect to launch a major lobbying effort with the goal of getting the Senate to take up and pass a Federal Housing Administration reform bill this year.

"It is a broad coalition," said Mortgage Bankers Association chief lobbyist Bill Killmer. Besides MBA, other trade organizations involved in the effort include the National Association of Realtors, and the National Association of Home Builders. But MBA's new top lobbyist warned that it's going to be a "heavy lift."

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