Principally engaged in originating, investing in and servicing investments related to multifamily housing and other real estate financing.
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Seriously overblown market reaction to restatement of financials. Once this gets settled and stock is relisted it will be off to the races. Company has solid portfolio, no sub-prime, yet is priced as if it is going bankrupt.
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… More
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