MBA reports 4-percent multifamily lending increaseMortgagePress.comMultifamily lending statistics
The Mortgage Bankers Association (MBA) has released its 2006
Annual Report on Multifamily Lending, showing a $5 billion lending
increase between 2005 and 2006. The multifamily lending market grew
by 4 percent, from $133 billion in closed loans in 2005 to $138
billion in 2006. The report also indicated an average loan size of
$2.7 million based on 50,959 loan originations.
The MBA, based in Washington, D.C., is a national trade
association that represents the real estate finance industry. For
more information, call (202) 557-2700 or visit www.mbaa.org.