Municipal Mortgage & Equity, LLC (NASDAQOTH:MMAB)
CAPS Rating:
Principally engaged in originating, investing in and servicing investments related to multifamily housing and other real estate financing.
Principally engaged in originating, investing in and servicing investments related to multifamily housing and other real estate financing.
Recs
MMAB.PK is engaged in real estate financing during a mortgage crisis, not good. It has been delisted from NYSE to Pink Sheets. Cut its dividend. Has dropped like a rock over the past month, and has several class action lawsuits against it. This one's a no-brainer.