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'Strong, Steady' Lending Market in 2017 Forecast

WASHINGTON, DC—Originators polled by the Mortgage Bankers Association expect strong demand from both lenders and borrowers this year, "although not quite as strong as '16," says MBA's Jamie Woodwell.

By Paul Bubny | paulbubny | Updated on January 05, 2017

Jamie Woodwell of the Mortgage Bankers Association “Commercial mortgage bankers expect 2017 to carry-over much of the momentum from ’16,” says MBA’s Jamie Woodwell.

WASHINGTON, DC—Originators in the commercial and multifamily mortgage space expect borrower demand to remain strong in the year ahead, although the results of the Mortgage Bankers Association’s latest MBA CREF Outlook Survey suggest a little less enthusiasm than lenders evinced a year ago. Sixty-three percent of the top commercial mortgage firms expect originations to increase this year, compared with 90% of survey respondents who said this at the outset of 2016.

Twenty-six percent of survey respondents said they expect a volume increase of 5% or more this year, and 50% expect their own firm’s originations expect their own firm’s originations to increase by 5% or more. A year ago, the figures were 50% and 61%, respectively.

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