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ADVISORY/MBA and Habitat for Humanity to Build House in Washington, D.C., Metro Area.


Business Editors/Real Estate Writers

ADVISORY...for Saturday Saturday: see week; Sabbath.  (March 8)

--(BUSINESS WIRE)--March 4, 2003

WHAT:     The Mortgage Bankers Association of America (MBA) and
          Habitat for Humanity International (HFHI) will hold a
          building and "wall-raising" ceremony with a Washington,
          D.C., metro area family whose house MBA is sponsoring.
          This build is being dedicated to Senators Paul Sarbanes
          (D-Maryland) and Barbara Mikulski (D-Maryland) for their
          productive and tireless efforts to increase affordable
          housing in America.

          As the leader in the real estate finance industry, MBA and
          its members have made a long-term commitment to increase
          affordable housing for all American families.  MBA, its
          members and state and local partners have contributed more
          than $1.5 million toward 48 Habitat projects since 1998.

WHO:      John Courson, MBA Chairman; President and CEO, Central
           Pacific Mortgage Co.
          Roger Haughton, Chairman and CEO, PMI Mortgage Insurance Co.
          Jerry Baker, President and CEO, First Horizon Home Loan
           Corporation
          Larry Rice, President, Mid-Atlantic Region, First Horizon
           Home Loan Corporation
          Tom Jones, Vice President, Habitat for Humanity
           International
          Ken Koranda, President, MidAmerica Bank, FSB
          Doug Gallagher, President, Gallagher Financial Systems, Inc.
          Robert Broeksmit, President and COO, Chevy Chase Bank

WHEN:     Saturday, March 8, 2003

          9:00-9:20 a.m.    Welcome and Introduction of Homeowner
                             Family
          9:20-12:00 p.m.   Morning Volunteer Build
                            Wall-Raising and remarks by MBA, HFHI,
          12:00-12:30 p.m.   sponsors and homeowner family
          12:30-1:30 p.m.   Lunch
          1:30-4:00 p.m.    Afternoon Volunteer Build

          NOTE: In the event of severe weather, build activities and
          the "wall-raising" ceremony will be held indoors at the site
          beginning at 11 a.m.

WHERE:    1 Clarke Court
          Silver Spring, MD
          (behind the Forest Glen Metro)


MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 is the national association representing the real estate finance industry. Headquartered in Washington Washington, town, England
Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area.
, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership prospects through increased affordability; and to extend access to affordable housing to all Americans. MBA promotes fair and ethical eth·i·cal
adj.
1. Of, relating to, or dealing with ethics.

2. Being in accordance with the accepted principles of right and wrong that govern the conduct of a profession.
 lending practices and fosters excellence and technical know-how know-how  
n.
The knowledge and skill required to do something correctly. See Synonyms at art1.


know-how
Noun

Informal the ability to do something that is difficult or technical
 among real estate finance professionals through a wide range of educational programs and technical publications. Its membership of approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 2,600 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site: www.mbaa.org See .org.

(networking) org - The top-level domain for organisations or individuals that don't fit any other top-level domain (national, com, edu, or gov). Though many have .org domains, it was never intended to be limited to non-profit organisations.

RFC 1591.
.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 4, 2003
Words:401
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