"MBA believes the factors that have exacerbated our national housing affordability crisis are multifaceted and can only be solved through a series of incremental steps undertaken by the private, public, and non-profit sectors of our economy working in tandem – at the local, state, and federal levels." --MBA's testimony at yesterday's House Financial Services Committee’s Subcommittee on Housing and Insurance hearing on housing affordability, governmental barriers and market-based solutions.

Walker & Dunlop, Bethesda, Md., Affinius Capital, San Antonio, and Clarion Partners, New York, arranged $157.5 million in loan proceeds to refinance a mixed-use complex in Salt Lake City.