WASHINGTON, DC – Commercial and multifamily mortgage
origination volumes during the third quarter of 2013 were 29 percent higher
than during the third quarter of 2012 and originations were essentially flat
compared to second quarter of 2013, according to the Mortgage Bankers
Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers
Originations.
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| Jamie Woodwell |
“Commercial and multifamily real estate borrowing and
lending continued at a moderate clip in the third quarter,” said Jamie
Woodwell, MBA’s Vice President of Commercial Real Estate Research.
“Mortgage origination volumes were essentially flat from the
second quarter, but were up 29 percent from last year’s third quarter and are
up 14 percent year-to-date.
“ Lending by life insurance companies remained near last
quarter’s record pace, while lending for the GSEs dropped by more than a
third.”
For a complete
copy of the company’s news release, please contact:
Shawn Ryan
(202) 557-2727
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