Commercial RE Lending Fell Sharply in First Quarter, MBA Data Shows

MBA finds originations were less than half of those a year earlier, while a sample of NCUA data shows a smaller drop for CUs.

By Jim DuPlessis | May 09, 2023 at 05:00 PM

Drastically downward projections for CU lending programs.

The Mortgage Bankers Association on Tuesday estimated that commercial real estate loan production in the first quarter plummeted, while NCUA data showed a more modest decrease for a sample of large credit unions.

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Commercial RE Lending Fell Sharply in First Quarter, MBA Data Shows

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