Mortgage Bankers Association Can't Afford Its Own MortgageQuicklink submitted by Amanda Lang Permalink
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|Scheduled to close on the building in the coming weeks, the Mortgage Bankers Association will have to pay millions of dollars more than it would have a year ago when it contracted to buy the 160,000-square-foot structure -- millions of dollars it is now less able to afford since many of its members fell victim to the subprime mortgage massacre.|
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