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Commercial and Mulitfamily Loan Originations Down Almost 50 Percent in 2009

Dennis Norman

According to a report issued by the Mortgage Bankers Association, Commercial and multifamily mortgage origination volumes decreased 46 percent in 2009.

Commercial banks and savings institutions were the largest single investor group for commercial and multifamily mortgages – responsible for $19.8 billion, or 24 percent, of the closed loan volume. Multifamily properties were the

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