A group of strange bedfellows called on mortgage industry regulators to step back from a proposed rule that they say would stifle lending to all but the most well-heeled home buyers.

“When this kind of crowd comes together, my guess is we’ve got a point,” said John Taylor, president of the decidedly pro-consumer National Community Reinvestment Coalition, at a National Press Club briefing. “If all sides say the proposed rule doesn’t make sense, than regulators ought to listen. All biases aside, we are right on this issue.”

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