| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 170,423 | 134,854 | 119,311 |
| ABS (Public and 144A excluding CDOs) | 157,792 | 121,872 | 100,941 |
| ABS (Public Only) | 142,590 | 110,331 | 88,012 |
| ABS (144A Only) | 27,833 | 24,524 | 31,300 |
| Non-Agency MBS | 97,448 | 66,235 | 50,426 |
| Agency MBS | 201,142 | 167,408 | 75,199 |
| CMBS | 19,955 | 14,492 | 16,781 |
| 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.
