MBA Cuts 20 Positions

The Mortgage Bankers Association (MBA) says it has eliminated 20 positions and cut several ‘non-core programs,’ according to the Washington, D.C.-based trade group's MBA NewsLink publication.

The MBA notes that it made initiatives to cut costs in the last year by streamlining program expenses and eliminated lower-priority products.

‘The goal has been, and continues to be, ensuring that MBA is properly structured to deliver value to our member firms,’ the MBA says in a press statement. ‘We deeply regret the need for today's reduction in force and the resulting departure of so many of our talented and dedicated employees.’



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