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| Jamie Woodwell |
WASHINGTON, D.C. (August
4, 2015) – According to the Mortgage Bankers Association’s (MBA) Quarterly
Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter
2015 commercial/multifamily mortgage loan originations were 29 percent higher
than during the same period last year and 16 percent higher than the first
quarter of 2015.
“Driven by increasing
property values, improving property fundamentals and still low interest rates,
commercial and multifamily lending and borrowing continued its strong pace in
the second quarter,” said Jamie
Woodwell, MBA’s Vice President of Commercial Real Estate Research.
“The rate of year-over-year growth slowed from
the first quarter, but year-to-date lending is up for every major lender
group. Mortgage bankers’ originations
for Fannie Mae and Freddie Mac are near record quarterly levels.”
For a
complete copy of the company’s news release, please contact:
Ali Ahmad
(202) 557- 2727
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