Monday, September 30, 2013

Multifamily & Commercial Debt Increases by $25.6 Billion (1%) in Q2

A strong appetite among investors to put their money to work in commercial and multifamily mortgages led to an increase in the level of outstanding mortgage debt. In the second quarter, banks increased their holdings of commercial and multifamily mortgages by $16 billion; Fannie Mae, Freddie Mac and FHA increased their multifamily holdings and guarantees by $5.6 billion and life insurance companies increased their commercial and multifamily holdings by $4.0 billion.

Click to download the Mortgage Banker's Association full report.