One possibility is that the data needed to initialize the CMFCEditBrowseCtrl has been deleted from the application's .rc file.
Check the .rc file that contains the resource statements for the dialog containing the control and make sure that it contains the initialization data that would look something like this -
/////////////////////////////////////////////////////////////////////////////
//
// Dialog Info
//
IDD_TEST DLGINIT
BEGIN
IDC_MFCEDITBROWSE1, 0x37c, 42, 0
0x4d3c, 0x4346, 0x6445, 0x7469, 0x7242, 0x776f, 0x6573, 0x4d5f, 0x646f,
0x3e65, 0x3c32, 0x4d2f, 0x4346, 0x6445, 0x7469, 0x7242, 0x776f, 0x6573,
0x4d5f, 0x646f, 0x3e65,
0
END