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Commercial and multifamily originations down almost half from fourth quarter
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Industry News, Market Data
Thursday, May 8, 2014
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According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/ Multifamily Mortgage Bankers Originations, first quarter commercial and multifamily mortgage loan originations were 1 percent lower than during the same period last year and 45 percent lower that fourth quarter of 2013. However, there doesn't seem to be reason to panic: The first quarter is often slow according to Jamie Woodwell, MBA’s vice president of commercial real estate research.
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