"2005 was a record year for commercial/multifamily originators. These listings show the breadth and depth of those doing business in this expanding market," said Doug Duncan, MBA's chief economist and senior vice president of research and business development. "Developed by and for the industry, this report covers 125 firms ranging from local correspondent mortgage bankers to global financial services companies - and provides a comprehensive view of the different roles played by different firms." 

Highlights of the listing include:

• Eight different companies topped the 11 lists reporting originations by investor groups:
  
  
  • Wachovia as the top originator for commercial bank/savings institutions and Conduits;
    
  • Capmark Financial Group for Freddie Mac and FHA/Ginnie Mae;
    
  • MetLife for life insurance companies;
    
  • Deutsche Bank Berkshire for Fannie Mae;
    
  • TIAA-CREF for pension funds;
    
  • Cohen Financial for credit companies;
    
  • Key Bank for REITS, mortgage REITs, investment funds and for other investors; and
    
  • Tremont Realty Capital, LLC for specialty finance companies.
    
• Five firms reported more than $20 billion in originations volume in 2005:
  
  
  • Wachovia, Wells Fargo, Capmark Financial Group, HFF, and Key Bank Real Estate Capital
    
• A different set of companies filled the top three spots in the listings of originations as an intermediary than the listing of originations as a lender:
  
  
  • As an intermediary: HFF, CBRE/Melody and Northmarq Capital
    
  • As a lender: Wachovia, Wells Fargo, and Capmark Financial

This is the second annual release of this report and this MBA study is the only one of its kind to present a comprehensive set of listings of commercial/multifamily mortgage originators and the different roles they play. The MBA report, Commercial Real Estate/Multifamily Finance Firms - Annual Origination Volumes, presents origination volumes in more than 140 categories, including by role, by investor group, by property type, by financing structure type, and by the location of the originating office. Three volumes present the information for all firms, for regional firms and for local firms.

A copy of the results is available for sale through MBA's Online Store.

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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 500,000 people in virtually every community in the country.  Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 3,000 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.

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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site:  www.mortgagebankers.org.