SOURCE: Mortgage News Feed
Last year ended with a bang for the commercial mortgage segment, according to new data released by the Mortgage Bankers Association (MBA). The MBA’s Quarterly Survey of Commercial/Multifamily reported commercial and multifamily mortgage originations soared 35 percent from the third and the fourth quarters of 2015 and increased by a solid 19 percent from the fourth quarter of 2014, according to the Mortgage Bankers Association (MBA). “In fact, the fourth quarter was the fourth highest quarter for borrowing and lending on record,” said Jamie Woodwell, MBA’s VP of commercial real estate research. “In fact, the fourth quarter was the fourth highest quarter for borrowing and lending on record. Read Full Article Here >>
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