twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.


Commercial Originations Revived in 2010

$110 billion in 2010 production

Feb. 7, 2011

By MortgageDaily.com staff


Mortgage bankers delivered good news about commercial mortgage originations during 2010. A huge increase in the volume of commercial mortgage-backed securities led the revival -- though CMBS activity was still just one-tenth of the peak level it reached three years ago.

Last year's commercial real estate loan production climbed to $110 billion, preliminary estimates from the Mortgage Bankers Association indicated. MBA released the data as it hosts its members at its annual commercial real estate conference in San Diego.

U.S. production was up from just $82.3 billion previously reported for 2009.

Between the third and the fourth quarters, volume was 63 percent higher, the Washington, D.C.-based trade group reported. When compared to the fourth-quarter 2009 -- commercial production was up 88 percent.

Leading the commercial mortgage sector higher were conduit originations, which climbed 288 percent from the third quarter. Compared to the fourth-quarter 2009 -- securitized originations were 6,110 percent higher.

"A large percentage increase in originations for CMBS is likely the most symbolic change from last year," the report said.

But CMBS activity in the latest quarter was still only 10 percent of the peak level reached in the second-quarter 2007.

Commercial bank originations doubled from the third quarter but were down a fourth from the final three months of 2009.

Originations for life insurers improved 42 percent on a quarter-over-quarter basis and were 170 percent higher than the fourth quarter of the prior year.

At Fannie Mae and Freddie Mac, multifamily originations were more than two-thirds better than the third quarter and nearly two-thirds more than the same period in 2009.

Washington, D.C.-based Fannie reported separately today that it financed 2,300 multifamily mortgages for $16.9 billion during 2010.

Fannie's Delegated Underwriting and Servicing accounted for 97 percent of last year's business.

MBA said that financing for hotels showed the biggest gain for any property type from the third quarter: 330 percent. The improvement from a year earlier was 169 percent.

The largest growth from 2009's fourth quarter was with office properties, which climbed 170 percent. Compared to the third quarter, office financings were up 76 percent.

Multifamily financing rose 37 percent from three months earlier and was 81 percent more than a year earlier. Retail property originations were 119 percent higher than the prior three-month period and 94 percent more than the last three months of 2009.

Industrial mortgage production eked out a 3 percent gain for the quarter and a 98 percent improvement over the same time during the previous year. Health care fundings tripled on a quarterly basis and edged up 4 percent on a year-over-year basis.

next story

back to current headlines


Commercial Mortgage News | CRE Lender Directory | CRE Statistics
Stories about commercial lending on multifamily, office, retail and industrial properties.


GSE News | Fannie/Freddie Share Statistics
Fannie, Freddie and FHLB news. Coverage of government sponsored enterprise regulation, operations and litigation.


Mortgage Backed Securities | MBS News | MBS Statistics
News about commercial and residential mortgage-backed securities. Stories about ratings actions and changes to servicer ratings. Studies and reports about the performance of securitizations and problem vintages and classes. Subprime, Alt-A, home equity and j u m b o analysis.


Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.



Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders