Top Takeaways: MBA Market Dynamics Survey
Yesterday the MBA released their results on their survey of commercial/multifamily mortgage origination firms conducted in the first week of October 2020. Our top highlights for this survey are:
- Borrower demand in the “very strong” category increased 4x from the prior quarter to 24% from 6%.
- Lenders and originators still have a “strong” and “very strong” appetite to make loans in the 4th quarter – up to 89% from 83% in the prior quarter.
- Industrial and Multifamily continue to be the product types borrowers and lenders have the most bullish sentiment.
- Outside of the agency lenders, Life Companies have the most appetite to make loans with the banks having the least desire.