Scotsman Guide > News > October 2016 > News Story

 Enter your e-mail address and password below.

  •  
  •  

Forgot your password? New User? Register Now.

News Archives

 
Subscribe icon Subscribe to our weekly e-newsletter, Top News.

Commercial originations rise solidly in third quarter


Lending for commercial mortgage-backed securities (CMBS) rose dramatically in the third quarter and overall commercial originations have been running ahead of last year’s pace, the Mortgage Bankers Association (MBA) reported.

After a big decline at the beginning of the year, CMBS loan origination volume rose by 96 percent above the second quarter level, MBA said. CMBS origination volume still was down in the third quarter about 4 percent compared to the same quarter a year ago.

For the entire nine-month period, originations for the other major investor types Fannie Mae, Freddie Mac, bank portfolios and life insurance companies were running ahead of the pace for the same period in 2015, MBA said.

Overall commercial origination volume rose by 2 percent in the nine months through September compared to the same period a year ago, the trade group said. Loan originations were also up 5 percent year over year in the third quarter, and up by 7 percent compared to the second quarter, MBA said.   

"Rising property values, robust property fundamentals, low interest rates and a strong transaction market continue to drive potentially record setting paces in commercial and multifamily mortgage originations," said Jamie Woodwell, MBA’s vice president of Commercial Real Estate Research.

As for the asset types, originations for the industrial and multifamily sectors are largely driving the gains. 


 

Questions? Contact at (425) 984-6017 or victorw@scotsmanguide.com.

Bubble 0 Comments

By submitting this comment, you agree to comply with our Terms of Use.



The text exceeds the maximum number of characters allowed.


Are you sure you want to permanently delete this blog comment? This action cannot be reversed.



You must enable your community profile to use this feature.

Cancel Enable profile

You have flagged this post for inappropriate content.

Please explain below. Thank you.

Cancel Submit

Get the latest news and articles from Scotsman Guide straight to your inbox.


Send me the following e-mails:





Learn more about Scotsman Guide e-mails

Thank you for signing up to receive e-mails from Scotsman Guide.

A confirmation e-mail has been sent to the address you provided.

For questions regarding your e-mail subscriptions please contact Circulation@ScotsmanGuide.com or call (800) 297-6061.


Fins A Lender Post a Loan
Residential Find a Lender Commercial Find a Lender
Follow Us:Visit Scotsman Guide Facebook pageVisit Scotsman Guide LinkedIn pageVisit Scotsman Guide g+ pageVisit Scotsman Guide Twitter page
 
 
 
 

 
 

© 2018 Scotsman Guide Media. All Rights Reserved.  Terms of Use  |  Privacy Policy