US DATA: MBA says Commercial/Multifamily Originations were +55% to
$184.3B in 2011, with mortgage bankers reporting $184.3 billion of
closed commercial and multifamily loans, according to Annual Origination
Volume Summation. “Fannie Mae, Freddie Mac and FHA were collectively the
leading investor group for whom loans were originated in 2011,
responsible for $57.6 billion of the total. Life insurance companies
and pension funds saw the second highest volume, $49.3 billion. In
terms of property types, multifamily properties saw the highest
origination volume, $77.4 billion, followed by office properties with
$34.4 billion of originations. First liens accounted for 93 percent of
the total dollar volume closed.”