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Real Estate & Property Law

: Housing Wire

Multifamily and Commercial Loan Originations Plunge 80%

By KELLY CURRAN

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Commercial and multifamily mortgage loan originations were no exception to the falling trend seen in single-family home originations over the past year. Fourth-quarter 2008 originations for commercial and multifamily mortgages were a whopping 80 percent lower than the same period the prior year, according to a quarterly survey released Tuesday by the Mortgage Bankers Association. [...]

Full post as published by Housing Wire on February 11, 2009 (boomark / email).

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