Thursday, May 17, 2018

MBA Forecasts a Dip in Mortgage Originations via National Real Estate Investor

Lenders facing stiff competition to place capital may face an even tougher road ahead given the latest forecast from the Mortgage Bankers Association that is predicting a 2 percent decline in originations in 2018.

Last year was a record year for commercial and multifamily mortgage originations at $530 billion. “We’re anticipating that 2018 will be down just a little bit from 2017, but we are still expecting a strong year,” says Jamie Woodwell, vice president in the MBA’s Research and Economics group.

Read more...MBA Forecasts a Dip in Mortgage Originations

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