Reggie Booker

Number of Households Facing Moderate, Severe Burdens

An update from the Mortgage Bankers Association and Harvard’s Joint Center for Housing Studies on the striking post-recession changes in U.S. homeownership patterns.

Delinquency Rates Still Low

Defaults for commercial and multifamily borrowers remained low in the third quarter of 2018, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report.

Multifamily Lending Report

The multifamily mortgage market is large and diverse, with 2,554 lenders making 44,623 loans totaling a record $285 billion in 2017. But a small number of dedicated commercial real estate lenders are responsible for the overall dollar volume of loans.

Midyear Origination Volume Reaches Record High

Low long-term interest rates, growing property incomes and rising values continue to support new loan demand, with multifamily and industrial registering the strongest first-half 2018 activity.

Commercial and Multifamily Mortgage Debt Outstanding

During the first three months of 2018, commercial and multifamily mortgage debt outstanding increased more than during any other first quarter since before the Great Recession.

GSE Multifamily Activity

MBA’s commercial/multifamily mortgage bankers origination index reported an 8 percent increase in the dollar volume of loans closed for Fannie Mae and Freddie Mac between the first quarter of 2017 and the first quarter of 2018.

Originations by Lender

Commercial banks and savings institutions constituted the most active investor group in 2017, with $151.2 billion in activity (29 percent of total volume).