The Mortgage Bankers Association just released results of its quarterly commercial mortgage origination survey.
Here are the depressing take-aways:
- Originations down 26% quarter over quarter and down 70% year over year
- CMBS conduit volume down 96% year over year.
- GSE (government sponsored entities) down 17% for the quarter.
- Life insurance companies origination down 7%
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MasterPlan Capital; Commercial Real Estate Investment Banking
Tags: CMBS, commercial mortgage, Commercial Mortgage Backed Securities, commercial mortgage loans, commercial real estate, Economy, MBA, mortgage backed securities, Mortgage Bankers Association, mortgage crisis
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