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Real Estate & Property Law
: Housing WireFeeling the Pinch in Commercial MBS
By DIANA GOLOBAY
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Commercial and multi-family mortgage origination volume in the first quarter slipped 26% from Q408 and is down 70% from the year-ago period, according to a survey released Wednesday by the Mortgage Bankers Association (MBA). The data illustrate the nation’s credit woes are not isolated to residential mortgages.
A slide in commercial mortgage-backed security (CMBS) conduit loans [...]Full post as published by Housing Wire on May 14, 2009 (boomark / email).
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