Multifamily, Commercial Lending Jump in Q2: MBA
GSEs and life companies were among the sources boosting their year-over-year volume the most. Read the report.
Commercial and multifamily mortgage loan originations were 66 percent higher in the second quarter of 2025 compared to a year earlier, also increasing 48 percent from the first quarter of 2025, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, released earlier this month.
Among investor types, the dollar volume of loans originated for depositories increased by 108 percent year-over-year. There was a 93 percent increase in loans for investor-driven lenders, a 72 percent increase in loans for life insurance companies, a 59 percent increase in government sponsored enterprises (Fannie Mae and Freddie Mac) loans, and a 10 percent decrease in commercial mortgage-backed securities (CMBS) loans.
—Posted on August 25, 2025
