In 2022, 2,242 different multifamily lenders provided a total of $480.1 billion in new mortgages for apartment buildings with five or more units, the Mortgage Bankers Association’s annual report of the multifamily lending market said.
Tag: Jamie Woodwell
MBA: Commercial, Multifamily Mortgage Delinquency Rates Increase Slightly
Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly during the second quarter, the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey reported.
MBA: Commercial, Multifamily Mortgage Delinquency Rates Increase in First Quarter
Commercial and multifamily mortgage delinquencies increased in the first quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
MBA Forecast: 2023 Commercial/Multifamily Lending to Fall 20%
CHICAGO–Total commercial and multifamily mortgage borrowing and lending is expected to fall to $654 billion this year, a 20 percent decline from $816 billion in 2022, according to an updated baseline forecast released here by the Mortgage Bankers Association at its 2023 Commercial/Multifamily Finance Servicing & Technology Conference.
MBA: 1st Quarter Commercial/Multifamily Borrowing Down 56%
Commercial and multifamily mortgage loan originations fell by 56 percent in the first quarter from a year ago, and fell by 42 percent from the fourth quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
MBA Chart of the Week: Commercial and Multifamily Mortgage Debt Outstanding
Two questions have dominated the CRE headlines of late: a) the reliance of banks on commercial real estate and b) the reliance of commercial real estate on banks. We addressed the former in a previous Chart of the Week. Here we look at the latter with a particular focus on office — the property type attracting the greatest scrutiny.
MBA: 1Q Commercial/Multifamily Mortgage Delinquency Rates Up Slightly
Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly through the first quarter, according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
MBA: 1Q Commercial/Multifamily Mortgage Delinquency Rates Up Slightly
Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly through the first quarter, according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
CMF Quote of the Week: April 20, 2023
“Delinquency rates for commercial and multifamily mortgages increased for the second straight quarter. The rise was led by a 110-basis point increase in the share of office loan balances that are 30 days or more past due. At the same time, pandemic-fueled delinquency rates for retail and hotel loans continued to tick down.”
–Jamie Woodwell, MBA Head of Commercial Real Estate Research.
MBA: 2022 Commercial and Multifamily Lending Down 8 Percent
Total commercial real estate mortgage borrowing and lending fell to $816 billion in 2022, an 8 percent decrease from the record $891 billion in 2021 but a 33 percent increase from $614 billion in 2020, the Mortgage Bankers Association reported Thursday.