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MBA projects 3% decline in originations this year

The Mortgage Bankers Association expects a decline to $549 billion in total commercial and multifamily mortgage originations in 2018 -- a 3% dip from last year -- and expects that dollar amount to be about the same in 2019. The drop follows a 15% increase in 2017 and is partly due to the declining number of maturities, as 2017 marked the official end of the so-called "wall of maturities," noted MBA's Jamie Woodwell.

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