| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 189,251 | 148,171 | 135,737 |
| ABS (Public and 144A excluding CDOs) | 178,689 | 132,428 | 116,224 |
| ABS (Public Only) | 157,459 | 120,090 | 99,375 |
| ABS (144A Only) | 31,792 | 28,081 | 36,362 |
| Non-Agency MBS | 108,956 | 72,177 | 56,123 |
| Agency MBS | 221,652 | 183,931 | 84,955 |
| CMBS | 21,486 | 17,643 | 21,385 |
| 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.
