MBA: Commercial mortgage originations fall short in Q1

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Although multifamily mortgage originations rose 12% year over year in Q1, they retreated 34% from the previous quarter, according to the Mortgage Bankers Association. Jamie Woodwell, MBA’s vice president of commercial real estate research, said first quarter volumes were higher for nearly every property type, and double-digit growth in loan volume for Fannie and Freddie led the increase among capital sources.