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Commercial/Multifamily Mortgage Originations Down 53% From Last Year

Commercial/Multifamily Mortgage Originations Down 53% From Last Year

by Phil Hall | Aug 16, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Second quarter commercial and multifamily mortgage loan originations sank by 53% from one year ago, according to new data from the Mortgage Bankers Association (MBA). However, the originations level was up 23% from the previous quarter. Decreases in originations for...
MBA Predicts Lower Level of Commercial/Multifamily Mortgage Activity for 2023

MBA Predicts Lower Level of Commercial/Multifamily Mortgage Activity for 2023

by Phil Hall | Aug 4, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has updated its forecast on total commercial and multifamily mortgage borrowing and lending for 2023 and is now predicting this activity sector will end the year at $504 billion, a 38% decline from 2022’s total of $816 billion....
MBA: Commercial and Multifamily Mortgage Delinquencies Up in Q1

MBA: Commercial and Multifamily Mortgage Delinquencies Up in Q1

by Phil Hall | Jun 2, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) reported that commercial and multifamily mortgage delinquencies increased in the first quarter of this year. Within this sector, the delinquency rate was highest for commercial mortgage-backed securities (CMBS) at 3%, an increase...
MBA: Commercial and Multifamily Mortgage Activity to Decline This Year

MBA: Commercial and Multifamily Mortgage Activity to Decline This Year

by Phil Hall | May 15, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has revised its forecast for the commercial and multifamily mortgage borrowing and lending environment and is now predicting this sector will fall to $654 billion this year, down 20% from the $816 billion generated in 2022. If...
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