| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 160,426 | 125,819 | 113,573 |
| ABS (Public and 144A excluding CDOs) | 148,585 | 114,296 | 96,730 |
| ABS (Public Only) | 134,551 | 103,892 | 84,259 |
| ABS (144A Only) | 25,874 | 21,927 | 29,314 |
| Non-Agency MBS | 90,198 | 57,106 | 41,631 |
| Agency MBS | 167,868 | 163,661 | 74,052 |
| CMBS | 19,245 | 13,014 | 15,647 |
| Source: Thomson Financial | |||
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
The bank is following in the footsteps of Goldman Sachs, which made a similar move in April.
The A1A through A1-LCF tranches are expected to offer coupons of 5.84%, while mezzanine and subordinate coupons include 6.58% and 6.64%.
A potential end to the Iran War could lead to economic recovery, suggesting sub-6% rates may be far off as monetary policy discussions take a hawkish tone.
The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.
All the loans are interest-only during both their initial and extension terms, but third-party secured overnight financing rate (SOFR) cap agreements provide interest rate protection.
