The American Bankers Association has launched a campaign to educate consumers about mortgage lending.Throughout June, which is Homeownership Month, the ABA said it will release weekly tips on the mortgage process to help families understand the obligations they undertake when buying a home. "Many Americans dream of owning a home, but the mortgage process can be intimidating," said Edward L. Yingling, executive vice president of the ABA. "By educating consumers about the mortgage process, bankers hope to expand homeownership opportunities." The ABA can be found on the Web at http://www.aba.com.
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