US DATA: MBA commercial/multifamily mortgage origination volumes
+25% YOY and +39% qoq in MBA Quarterly Survey of Commercial/Multifamily
Mortgage Bankers Originations. “Low interest rates and continued
stabilization and growth in the commercial real estate markets are
helping support new loan originations, and every major investor group
increased their lending over the quarter.” Among investor types, the
dollar volume of loans for commercial bank portfolios increased by 58
percent over last year’s second quarter. There was also a 50 percent
increase in loan volumes for Government Sponsored Enterprises (or GSEs –
Fannie Mae and Freddie Mac), a 16 percent increase in volumes for
conduits for CMBS and a 10 percent increase in volumes for life
insurance companies.