Thursday, March 20, 2008

MEDIA PODCAST: MBA Reacts to Latest Wall Street Action and Investor Confidence Concerns

Washington, DC. March 20, 2008 - - Recent activity on Wall Street prompted the Mortgage Bankers Association's (MBA) Senior Vice President of Commercial/Multifamily, Jan Sternin (photo at left) to comment on the importance of restoring investor confidence in the mortgage and credit markets.

Sternin also sheds light on the solid performance of commercial/multifamily loans and MBA's strategic initiatives designed to restore investor confidence.

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.mortgagebankers.org/.

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

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