By Dees Stribling | MHN Online
Multifamily and commercial mortgage lending volume is expected to increase in 2014, according to a new Mortgage Bankers Association survey of commercial and multifamily mortgage origination firms. The survey finds that the increase will come as lenders’ appetites to place new loans grow even stronger.
Fully 91 percent of respondents expect originations to increase in 2014, with 48 percent expecting an increase of 5 percent or more. Almost two-thirds (64 percent) expect their own firm’s originations to increase by 5 percent or more. The 2014 MBA CREF Outlook Survey was conducted in December, querying executives at 50 of the top commercial/multifamily mortgage origination firms, as determined by MBA’s 2012 Annual Origination Rankings Report.