Commercial production numbers shrank slighty for one of the nation’s leading lenders.
ABN AMRO Mortgage Group reported May production at $167 million for its commercial lending division, ABN AMRO / InterFirst Apartment Lending. Production is down from April’s $176 million, according to company statements.
In a year-to-year comparison, May production is up $1 million compared to last May’s $166 million. For year-to date totals, the commercial lending division reported $785 million.
ABN AMRO’s residential wholesale lending division, InterFirst Wholesale Lending, produced $8.6 billion in loans for the month.