Munimae Reviews

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Michael L. Falcone
4 Ratings
  • Consultant providing accounting support

    Former Contractor - Consultant in Baltimore, MD
    Former Contractor - Consultant in Baltimore, MD
    Positive Outlook

    I worked at Munimae as a contractor (More than 3 years)


    Great work environment. Good people to work with. Exciting business strategies.


    Can be very demanding hours during certain transaction cycles.

    Advice to Management

    Keep moving forward.

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Additional Info

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Headquarters Baltimore, MD
Size 51 to 200 Employees
Founded Unknown
Type Company - Public (MMAB)
Industry Finance
Revenue $50 to $100 million (USD) per year

Municipal Mortgage & Equity (MuniMae) invests in tax-free municipal bonds issued by state and local governments. Those bonds are typically used to build multifamily housing, including units for low-income families, students, and the elderly. The disruption in world credit markets, coupled with a deterioration in the tax-exempt bond market hurt MuniMae. The commercial real estate market also tanked, driving down the values of the company's assets. The company was forced to drastically reduce the size of its business, cut its workforce by 80%, and sell off assets at ... More

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