Posted in Finance, Accounting and Economics Terms, Total Reads: 312
Definition: Mortgage Bankers Association
The Mortgage Bankers Association (MBA) is a national association which represents the real estate finance industry. It is headquartered in Washington D.C with members ranging from underwriters, servicers to IT professionals in various mortgage companies in the residential and commercial regions. It has a membership base of 2, 200 which was 3, 000 before the recession in 2008.