MBA Sends Letter Outlining Support Ahead of House Ways and Means Budget Reconciliation Markup

The Mortgage Bankers Association sent a letter to House Ways and Means Committee leadership ahead of the House budget reconciliation markup May 13. The association noted the amendment from Chairman Jason Smith (R-Mo.) represents an important step toward the goal of enacting tax legislation that spurs jobs and economic growth and community investment.

Chart of the Week: Total Commercial Real Estate Lending

According to MBA’s Annual Origination Summation, from 2020 to 2024, commercial and multifamily mortgage originations experienced notable shifts across investor types. The market peaked in 2021, driven by heightened activity across nearly all sectors, before experiencing a sharp decline in 2023. A modest rebound followed in 2024.