MBA Releases Commercial/Multifamily Quarterly Data Book for Q2 2012

The Mortgage Bankers Association (MBA) released its second quarter 2012 Commercial Real Estate/Multifamily Finance Quarterly Data Book.

Washington, D.C.—The Mortgage Bankers Association (MBA) released its second quarter 2012 Commercial Real Estate/Multifamily Finance Quarterly Data Book.

The report includes a summary of major trends during the quarter and detailed charts and tables providing historical information on the commercial/multifamily real estate markets. Among the findings covered in second quarter Data Book:

  • Commercial and multifamily mortgage originations were 25 percent higher than during the second quarter of 2011 and 39 percent higher than during the first quarter of 2012.
  • Commercial and 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.
  • Commercial and multifamily delinquency rates for life companies, Fannie Mae and Freddie Mac all remain quite low and the delinquency rate for bank-held loans continues to decline. Loans in CMBS continue to show higher and more sustained aggregate delinquency rates, much of which is driven by the large share of these loans in foreclosure or REO.

The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers, including trends in property sales, originations, delinquencies and mortgage debt outstanding.

For the full analysis please click here.