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Mortgage Bankers Feel the Squeeze

WASHINGTON -- The Mortgage Bankers of America is now adopting a longer term view of subletting rental space to other companies in order to pay the mortgage on its new headquarters building here.

By Staff Writer | Updated on April 22, 2008

WASHINGTON — The Mortgage Bankers of America is now adopting a longer term view of subletting rental space to other companies in order to pay the mortgage on its new headquarters building here.

According to the Washington Post, the MBA is facing a problem paying the mortgage on its new 160,000-square-foot structure in downtown Washington.

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