Lenders Expect Strong 2016 for Commercial, Multifamily Loans in U.S.

SOURCE: Mortgage News Feed

According to a new Mortgage Bankers Association survey of the top U.S. commercial and multifamily mortgage origination firms, commercial and multifamily mortgage lending is expected to increase in 2016, as lenders' and borrowers' appetites for new loans remain strong. A full 90 percent of the top firms expect origination to increase in 2016, with 50 percent expecting an increase of 5 percent or more, and almost two-thirds (61 percent) expecting their own firm's origination to increase by 5 percent or more. "Commercial mortgage lenders anticipate another competitive year in 2016, as lender desire to make loans remains strong," said Jamie Woodwell, MBA's Vice President for Commercial Real Estate Research. "With strong market fundamentals and the 10 year loans made during 2006 and 2007 maturing this year and next, lenders also anticipate strong demand from borrowers." Read Full Article Here >>

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