Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Commercial and multifamily mortgage bankers' loan originations sank by double digits in the fourth quarter of 2007 when compared to a year earlier, the Mortgage Bankers Association reported today in a quarterly survey. Total fourth-quarter originations dropped 16 percent below the level recorded in fourth-quarter 2006, with the decrease seen across most property types and investor groups, according to the MBA's Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. "The slowdown comes most directly from disruptions in the capital markets, although a few remaining large portfolio transactions continued to buoy the numbers," said Jamie Woodwell, MBA's senior director of commercial/multifamily research. "It's important to note that while commercial/multifamily ori...