The Mortgage Bankers Association (MBA) took an $8.6 million loss for the fiscal year ending September 30, 2008 as the mortgage crisis took its toll on MBA members and the trade group's revenues fell by 31% to $39.4 million.

In fiscal year 2007, the MBA generated a $6.7 million surplus with total revenues of $57.1 million, including $13.9 million in member dues and assessments.

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