GSEs led a first quarter rise in commercial/multifamily mortgage debt, according to the recently released Mortgage Bankers Association's quarterly report.
While overall, commercial/multifamily mortgage debt rose 1.1% in the period, agency and GSE portfolios and MBS saw their holdings of commercial/multifamily mortgage debt nearly triple at that rate—an increase of $23 billion, or 2.8%.
In the first quarter, total commercial/multifamily loans rose $44.6 billion to $3.93 trillion.
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