Estimating the Volume of Multifamily Mortgage Originations By Commercial Banks Using the Survey of Mortgage Lending Activity and the Home Mortgage Disclosure Act Data

Author(s)/Creator(s)

Amy D. Crews, Syracuse University
Robert M. Dunsky, Syracuse University
James R. Follain, Syracuse University

Description/Abstract

Two public data sets on multifamily mortgage originations are used to resolve the $15 billion discrepancy between the published estimates of the size of the multifamily lending market covered by commercial banks. The data are from the Survey of Mortgage Lending Activity and the Home Mortgage Disclosure Act. The analyses show the primary sources of the differences in the estimates are differences in the populations covered, nonreporting biases, and the methods used to expand the reported values to aggregate values. The 1993 multifamily mortgage originations volume by commercial banks is estimated to be about $7-8 billion.

Document Type

Working Paper

Date

11-1995

Language

English

Funder(s)

This paper is based upon research partially supported by the U.S. Department of Housing and Urban Development.

Series

Metropolitan Studies Program Series

Acknowledgements

Helpful comments were received from Dixie Blackley, Harold Bunce, John Dickie, John Gardner, William Reeder, and Randy Scheessele.

Disciplines

Economic Policy | Economics | Public Affairs, Public Policy and Public Administration | Public Policy

ISSN

0732 507X

Additional Information

Metropolitan studies program series paper no.172

Recommended Citation

Crews, Amy D.; Dunsky, Robert M.; and Follain, James R., "Estimating the Volume of Multifamily Mortgage Originations By Commercial Banks Using the Survey of Mortgage Lending Activity and the Home Mortgage Disclosure Act Data" (1995). Center for Policy Research. 458.
https://surface.syr.edu/cpr/458

Source

Local Input

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.