X0202 5 2005-12-31 0 0 0001003201 MUNICIPAL MORTGAGE & EQUITY LLC MMA 0001201760 JOSEPH MARK K 621 EAST PRATT STREET SUITE 300 BALTIMORE MD 21202 1 1 0 0 Chairman Common Shares 2003-04-28 5 A 0 3798.7267 24.08 A 246014.87 D Common Shares 2003-07-28 5 A 0 3920.9988 23.89 A 249935.86 D Common Shares 2003-10-27 5 A 0 4001.0426 23.98 A 253936.9 D Common Shares 2004-01-26 5 A 0 3820.5183 25.73 A 257757.41 D Common Shares 2004-05-03 5 A 0 4819.3783 22.64 A 262576.78 D Common Shares 2004-08-02 5 A 0 4767.7317 23.60 A 267344.51 D Common Shares 2004-11-12 5 A 0 4484.255 25.86 A 271828.76 D Shares acquired through dividend reinvestments. Janet E. McHugh 2005-02-11