MBA Faces Tough Sledding as Market Contraction Hits Programs, Membership
April 30, 2009
The Mortgage Bankers Association is slogging through its most challenging financial situation in years at a time when slumping real estate markets have the potential to sour the biggest investment the trade group has ever made: its purchase of an $80 million office building in mid-2008. An Inside Mortgage Finance analysis of trends in attendance at major MBA conferences and...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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