"This report sets a firm base for origination activity during 2005 and serves as a valuable indicator of overall market size and for understanding the composition of the commercial/multifamily market," said Doug Duncan, MBA's Chief Economist and Senior Vice President of Research and Business Development. "Thanks to the participation of an extensive and diverse group of leading lenders, MBA is able to release this comprehensive report that covers institutional origination activity during the record-setting 2005 calendar year."

In addition to the $345 billion of closed loans tracked, firms reported $378.6 billion in direct originations during 2005 - loans on which firms worked directly with the borrower and either closed the loan in their own name or worked with a lender to close the loan. Firms intermediated $114.2 billion during the year while the report captured $318.1 billion in originations for third parties - loans on which firms served as an intermediary or closed the loan with the intent of selling it to a third party.

According to the MBA report, multifamily owned the largest share of originations among property types. The CMBS conduit category was the leading investor type. Totals for all property and investor types - along with intermediated and direct lender totals - are available in the full report. 

Additionally, on a related note, MBA also has available a report that provides firm by firm origination volumes across over 140 different categories. For a copy of either of these two products, they are available for sale through MBA's Online Store.

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 prospects through increased affordability; and to extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters excellence and technical know-how among real estate finance professionals through a wide range of educational programs and technical 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 370,000 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.