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Loan Modification

: The Truth About Mortgage.com

Mortgage Bankers Association Sells Headquarters at Huge Loss

By scot184

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The Mortgage Bankers Association sold its Washington D.C. Headquarters at a multi-million dollar loss to commercial real estate firm CoStar Group, according to the WSJ. The bankers group apparently parted with the property for $41.3 million, well below the reported $79 million paid back in 2007, while it was still under construction. The sprawling 170,000-square foot, 10-story [...]

Full post as published by The Truth About Mortgage.com on February 06, 2010 (boomark / email).

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