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MBA: Pandemic to Cause Pullback in Commercial/Multifamily Lending in 2020
Talk Business & Politics, July 16, 2020
Commercial and multifamily mortgage bankers in the U.S. are expected to close $248 billion of loans backed by income-producing properties in 2020, a 59% decline from 2019’s record volume of $601 billion, according to a new forecast released Thursday by the Mortgage Bankers Association.
https://talkbusiness.net/2020/07/mba-pandemic-to-cause-pullback-in-commercial-multifamily-lending-in-2020/