Mortgage Debt Continues Its Long-Running Upward Trajectory, Dec. 22, 2020–Les Shaver
Despite a significant fall-off in acquisition financing in the last two quarters, loan refinancings, particularly for FHA, Fannie Mae, Freddie Mac and bank balance sheets, helped lift total mortgage balances for the third quarter, according to Jamie Woodwell, the Mortgage Bankers Association’s Vice President for Commercial Real Estate Research.