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Jamie Woodwell of the Mortgage Bankers Association “Strong property performance, rising property values and low mortgage rates” all gave multifamily borrowers greater access to credit in 2016, says MBA’s Jamie Woodwell.

WASHINGTON, DC—The Mortgage Bankers Association said Thursday that multifamily lending was up 8% year over year for 2016. Although the Y-O-Y increase was smaller than the 28% rise seen in 2015, nonetheless it established a new high for lending in the sector, and MBA data show that the current year reflects further progress.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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