Sunday, March 9, 2008

MBA to Release 2007 MARI Report Exposing Fraud Against Lenders


WASHINGTON, DC --The Mortgage Bankers Association (MBA) and the Mortgage Asset Research Institute, LLC (MARISM) is scheduled to jointly release MARI's 10th Periodic Mortgage Fraud Case Report at MBA's annual National Fraud Issues Conference in Chicago.

This report by the Mortgage Asset Research Institute (MARI), a ChoicePoint company, has been prepared for the members of MBA and examines the current composition of residential mortgage fraud and misrepresentation in the United States. This year's report continues that trend, but will also explore the impact of mortgage fraud on the current mortgage market environment and provide some insight from other respected industry sources.

Media conference call participants will include:
· David G. Kittle, CMB, Chairman-Elect of MBA (photo top right) and Merle D. Sharick, CMB, VP-Manager, ChoicePoint Mortgage / Real Estate Services Business Development (photo top left)

WHEN: Thursday, March 13, 2008
12 PM EDT / 11 AM CDT

To register for this conference call, please contact:
Kimberly Tate-Nuwar
(770) 752-3985
kimberly.tate-nuwar@choicepoint.com

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 370,000 people in virtually every community in the country.

Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications.

Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site: http://www.mbaa.org/.

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