This is a nice trend, 12% rise in Commercial Real Estate and Multifamily Mortgage loan originations, if we can keep it going.
However, some observers say it is too early to declare a significant nationwide rebound in financing for Commercial Real Estate. Commercial Real Estate is still mired in debt problems and a severe drop in new construction.
In its May report on the first quarter, the Washington, D.C.-based Mortgage Bankers Association said loan origination volume was actually 26 percent lower than during the fourth quarter of 2009.