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Loan Modification

: Mortgage Lender Implode-o-Meter

Feeling the Pinch in Commercial MBS

By Implode-Explode Heavy Industries

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"Commercial and multi-family mortgage origination volume in the first quarter slipped 26% from Q408 and is down 70% from the year-ago period, according to a survey released Wednesday by the Mortgage Bankers Association (MBA). The data illustrates the nation?s credit woes are not isolated to residential mortgages."

Full post as published by Mortgage Lender Implode-o-Meter on May 14, 2009 (boomark / email).

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