After Banner Year, Insurer Loan Spree Goes On

April 27, 2016

Originations by the top 30 insurance-company lenders soared last year, shattering the previous record, according to an annual review by Commercial Mortgage Alert.

The largest mortgage holders among insurers wrote $76.2 billion of commercial and multi-family mortgages, up 26% from a revised $60.7 billion in 2014—the previous high.

The explosive growth in part reflected an improving competitive position relative to securitization shops. That edge has only increased this year, as commercial MBS lenders have faced mounting headwinds from spiking bond spreads and new regulations.

(via CMA)