Saturday, March 29, 2008

Media Podcast: MBA Comments on Shifting Landscape of Tax Credit and Multifamily Markets

WASHINGTON, DC - - The Mortgage Bankers Association's (MBA) Senior Vice President of Multifamily and Governance, Cheryl Malloy (photo at right) examines the recent removal of GSE portfolio growth caps by OFHEO and provides assessment of the current issues facing tax credit programs.

Malloy also comments on the spillover from the single family residential market into the multifamily market, sheds light on the importance of GSE reform and pending legislation that could enhance the tax credit market.

The Podcast recording can be accessed by clicking HERE.

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/.

CONTACT:

Jason Vasquez
(202) 557-2950
jvasquez@mortgagebankers.org

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