TITLE

COMMERCIAL/MULTIFAMILY MORTGAGE DEBT OUTSTANDING TOPS $2.2 TRILLION

PUB. DATE
March 2005
SOURCE
Mortgage Banking;Mar2005, Vol. 65 Issue 6, p132
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports that Mortgage Bankers Association (MBA) released its analysis of Federal Reserve Board data, showing continued increases in commercial and multifamily mortgage debt outstanding. Commercial and multifamily mortgage debt outstanding increased by $51.7 billion, or 2.4 percent, to $2.2 trillion between the second and third quarters of 2004. The multifamily portion grew by $8.2 billion, or 1.4 percent, to $582 billion. Commercial and multifamily mortgage debt outstanding now exceeds $2.2 trillion, another record high, said Doug Duncan, MBA's chief economist and senior vice president.
ACCESSION #
16521977

 

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