Last today, some of the finest irony in recent memory: The Mortgage Bankers Association is officially WAY underwater on its Washington headquarters.
“We have come to the inescapable conclusion that owning our own building was the smartest long-term investment for the association," MBA President Jon Kempner said in a 2007 press release right after the MBA bought its 10-story, glass-plated building in downtown D.C.
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