Wachovia, GMAC Commercial Holding Corp., and Keybank Real Estate Capital ranked as the top originators of commercial and multifamily mortgage loans last year, according to a first-of-its-kind study by the Mortgage Bankers Association.The MBA said the study provides origination volumes in more than 140 categories and presents them in three volumes: for all companies, for regional companies, and for local companies. "This report covers 130 firms, ranging from local correspondent mortgage bankers to global financial services companies, and provides a first-ever view of the different roles played by different firms," said Sally Gordon, vice president and senior credit officer at the MBA. In addition to Wachovia, GMAC, and Keybank, five companies reported origination volumes of over $10 billion in 2004: Holliday Fenoglio Fowler, Wells Fargo, L.J. Melody, Bank of America, and Column Financial, the MBA reported. The study is titled "Commercial Real Estate/Multifamily Finance Firms -- Annual Origination Volumes." The MBA can be found online at http://www.mortgagebankers.org.
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