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		<title>Mortgage Bankers Association Succumbs to a Short Sale</title>
		<link>http://banktalk.org/2010/02/08/mortgage-bankers-association-succumb-to-a-short-sale/</link>
		<comments>http://banktalk.org/2010/02/08/mortgage-bankers-association-succumb-to-a-short-sale/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 16:23:03 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Safety and Soundness]]></category>
		<category><![CDATA[socially responsible investing]]></category>
		<category><![CDATA[hubris]]></category>
		<category><![CDATA[Mortgage Bankers Association]]></category>
		<category><![CDATA[responsibility]]></category>
		<category><![CDATA[short sale]]></category>

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		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe Mortgage Banker&#8217;s Association of America, unable to make good on its mortgage, has entered into a short sale on its commercial loan outstanding on its Washington, DC headquarters.  The MBAA is selling to CoStar for $41.3 million, a sum far short of the $75 million in debt that they took out in 2007. The [...]]]></description>
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