| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 202,344 | 158,414 | 146,588 |
| ABS (Public and 144A excluding CDOs) | 192,382 | 141,154 | 126,498 |
| ABS (Public Only) | 170,731 | 128,464 | 109,604 |
| ABS (144A Only) | 31,613 | 29,950 | 36,984 |
| Non-Agency MBS | 110,374 | 73,541 | 59,190 |
| Agency MBS | 226,709 | 187,660 | 91,137 |
| CMBS | 22,591 | 17,643 | 22,449 |
| 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.
