| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 147,559.7 | 202,177.0 | 216,262.8 |
| ABS (Public + 144A excluding CDOs) | 128,371.6 | 146,453.2 | 149,004.8 |
| ABS (Public Only) | 60,144.3 | 80,197.3 | 88,988.4 |
| ABS (144A Only) | 87,415.3 | 121,979.7 | 127,274.4 |
| Non-Agency MBS | 61,482.2 | 93,299.6 | 76,381.9 |
| Agency MBS | 153,392.1 | 147,198.1 | 139,287.8 |
| CMBS | 70,124.1 | 74,908.1 | 61,000.3 |
| Source: Thomson Reuters | |||
The securitization is backed by a 174,000-square-foot, 30-megawatt hyperscale data center in Elk Grove Village near Chicago.
The deal is backed by recently originated, 30-year fixed-rate mortgages with an average combined loan-to-value ratio of 75.1%, according to Morningstar DBRS.
This marks the second transaction from the shelf, backed by 651 first-lien, fully amortizing fixed-rate mortgages.
All loans in the deal's portfolio were made to investors and underwritten based on property cash flow and rental income to determine borrower eligibility.
A federal judge Wednesday said the Department of Housing and Urban Development failed to justify a sharp overhaul of a long-standing fair-housing grant program.
If Fed Chair Kevin Warsh's comments lack substance on inflation in the market's opinion, it is likely to drive mortgage rates even higher, NerdWallet warned.
