MBA Head: No Staff Layoffs Before Trade Group Relocates Washington, DC, Headquarters Again
February 21, 2013
The planned relocation later this year of the Mortgage Bankers Association’s headquarters in downtown Washington, DC – the third move in the past six years – will be the last for a while as the group’s head says it has recovered its balance following a massive staff downsizing at the advent of the economic downturn. On Sept. 30, executives and staff at the Mortgage Bankers Association will vacate their current rented offices across three floors at 1717 Rhode Island Ave. NW, to occupy a slightly smaller single-floor rental office space three blocks away at 1919 M St, NW. MBA President and CEO David Stevens said...
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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