Monday, September 24, 2012

Commercial/Multifamily Mortgage Debt Outstanding Declines Fueled by Drop in CMBS Loans via Multi-Housing News Online

The level of commercial/multifamily mortgage debt outstanding decreased by $10.4 billion, or 0.4 percent, in the second quarter of 2012, as the balance of loans in CMBS, CDO and other ABS issues continued to decline, according to the Mortgage Bankers Association (MBA).

The $2.37 trillion in outstanding commercial/multifamily mortgage debt was $10.4 billion lower than the first quarter 2012 figure. Multifamily mortgage debt outstanding rose to $826 billion, an increase of $5.4 billion or 0.7 percent from the first quarter of 2012.

Read more...Commercial/Multifamily Mortgage Debt Outstanding Declines Fueled by Drop in CMBS Loans | Multi-Housing News Online

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