Total Mortgage Debt:
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Commercial/multifamily mortgage debt surged to $4.70 trillion.
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Multifamily mortgage debt alone grew by $23.7 billion (1.1%) to reach $2.10 trillion.
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Major Holders:
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Commercial Banks: Hold the largest share at $1.8 trillion (38%).
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Agency and GSE Portfolios and MBS: The second-largest holders with $1.01 trillion (22%).
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Life Insurance Companies: Hold $720 billion (15%).
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CMBS, CDO, and Other ABS Issues: Account for $604 billion (13%).
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Multifamily Mortgage Debt:
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Agency and GSE Portfolios and MBS: Largest holders at $1.01 billion (48%).
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Banks and Thrifts: Hold $620 billion (30%).
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Life Insurance Companies: Account for $230 billion (11%).
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State and Local Government: Hold $117 billion (6%).
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CMBS, CDO, and Other ABS Issues: Hold $67 billion (3%).
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Changes in Debt Holdings
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Banks and Thrifts: Increased holdings by $12.8 billion (0.7%).
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CMBS, CDO, and Other ABS Issues: Grew by $11.0 billion (1.9%).
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Agency and GSE Portfolios and MBS: Increased by $10.2 billion (1.0%).
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Life Insurance Companies: Expanded holdings by $7.0 billion (1.0%).
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Percentage Growth
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CMBS, CDO, and Other ABS Issues: Saw the highest percentage increase at 1.9%.
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State and Local Government Retirement Funds: Experienced a decline in holdings by 8.3%.
*Credit Multi-Housing News
