Credit unions continued to increase their commercial real estate portfolios at a faster pace than banks and others in the first quarter.
A comparison of data from the NCUA and a report released Tuesday by the Mortgage Bankers Association (MBA) showed credit unions have been increasing their commercial real estate balances from quarter to quarter twice as fast for at least the past year as the banks and investors tracked by the MBA.
Credit union balances are also growing at least twice as fast for multi-family loans and twice as fast for the remainder of commercial real estate.
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