Mortgage Banking

Making sense of commercial real estate finance.

Loan Originations Off this year

Posted by Jordan Crouch on August 26, 2008

Compared with the second quarter of 2007, April through June of this year is down 63% for commercial loan originations. Mortagebankers.com has an article breaking the numbers down by property type:

MBA researchers cite declines in nearly every property type, including hotels, down 87 percent; healthcare facilities, 66 percent; offices, 65 percent; retail stores, 63 percent; industrial, 57 percent; and, finally, a 42-percent decline for multifamily housing. Looking at investor types, a whopping 98-percent year-over-year decline in mortgage originations was recorded for conduits for commercial mortgage-backed securities

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