US DATA: MBA report finds the level of……………

Author: Market News International | Category: News

US DATA: MBA report finds the level of commercial/multifamily
mortgage debt outstanding increased by 0.1 percent in the second quarter
of 2011, the first quarterly increase since the third quarter of 2009.
The $2.4 trillion in commercial/multifamily mortgage debt outstanding
was $3.5 billion higher than the first quarter 2011 figure. Multifamily
mortgage debt outstanding rose to $802 billion, an increase of $3.9
billion or 0.5 percent from the first quarter. “For the first time in a
year-and-a-half, new commercial and multifamily mortgage originations
outpaced the paying off and paying down of existing loans.” Life cos and
GSEs bought.

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