The Mortgage Bankers Association, which lost money in its last fiscal year, has decided to put its Washington headquarters up for sale, 14 months after occupying the $100 million building.

The property, which has proven to be a white elephant for the financially strapped trade group almost from the instant it was purchased in May 2008, is listed with Holliday Fenoglio Fowler, a national commercial brokerage firm.

No asking price was mentioned in a letter Tuesday morning to the MBA membership.

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