Finance (Research Center)
Multifamily Lending Increased to Record High in 2019
Last year’s $364.4 billion in multifamily lending volume is a 7 percent increase from the previous record set in 2018.
Labor Market and Late Rent and Mortgage Payments Trends
The May numbers were unexpectedly positive, but still leave the job market 13 percent smaller than pre-COVID-19 levels, reports MBA’s Jamie Woodwell.
Year-Over-Year Origination Volume
As indicated by the latest data available, origination volume was up 8 percent year over year in 2016, according to the Mortgage Bankers Association. Nearly 3,000 different lenders provided a total of $269.2 billion in new mortgages for apartment buildings with five or more units.
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