EXHIBIT 24.1
                                  ------------


                         MILA MORTGAGE ACCEPTANCE, INC.


                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints each of Layne Sapp and William Dougherty
as his true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him and in his name, place and stead, in
any and all capacities (including his capacity as director and/or officer of
MILA Mortgage Acceptance, Inc.), to sign any Registration Statement on Form S-3
and any or all amendments thereto (including post-effective amendments) of MILA
Mortgage Acceptance, Inc. under the Securities Act of 1933, as amended, and to
file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully and to all intents and purposes as he might or could do in
person, hereby ratifying and confirming that said attorney-in-fact and agent, or
his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.





SIGNATURE                   TITLE                                         DATE

                                                                    
 /s/ Layne Sapp             Director and President (Principal
- ------------------------    Executive Officer)                            June 23, 2005
Layne Sapp


                            Director and Treasurer (Principal
 /s/ William Dougherty      Financial Officer and Principal Accounting
- ------------------------    Officer)                                      June 23, 2005
William Dougherty