| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 180,222 | 139,714 | 125,556 |
| ABS (Public and 144A excluding CDOs) | 167,044 | 125,870 | 106,701 |
| ABS (Public Only) | 149,163 | 113,775 | 91,661 |
| ABS (144A Only) | 31,058 | 25,939 | 33,895 |
| Non-Agency MBS | 108,158 | 69,946 | 52,184 |
| Agency MBS | 221,652 | 168,284 | 75,199 |
| CMBS | 21,486 | 16,364 | 18,191 |
| 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.
