The Mortgage Bankers Association (MBA) announced at its 2026 Commercial/Multifamily Finance Convention and Expo earlier this month in San Diego that total commercial mortgage origination volume is forecasted to increase 27% to $805.5B in 2026 from the $633.7B expected in 2025. Multifamily origination volume is expected to increase 21% to $399.2B in 2026 from the $330.B expected in 2025. More