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Update MBA Secures Extension of MDA Opt-In Period for HUD-Approved Mississippi Housing Plan
Wednesday, 19 April 2006

Below is the email we and other individuals from lender companies received directly from Terri Hudson, CFO for MDA based on member requests.

Mortgage Lenders:
 
On behalf of MDA, thank you for your continued interest in our program and your cooperation over the last several weeks.  We have been working closely with many of you to resolve the remaining administrative issues relating to MDA's current plan.  Due to delays resulting from the religious holidays and scheduled vacations around those holidays, MDA is extending the deadline to opt-in until the close of business on Friday, April 21st. 
 
We sincerely appreciate the comments and input you have provided us during this process.  Thank you.
 
From Terri Hudson
Sent by John H. Rice and Julie Jarrell Gresham

Balch & Bingham LLP
1310 25th Avenue
Gulfport, Mississippi  39501
Phone:  (228) 214-0419
Fax:  (866) 690-7365