| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 218,368 | 168,600 | 153,994 |
| ABS (Public and 144A excluding CDOs) | 207,890 | 150,351 | 133,053 |
| ABS (Public Only) | 183,390 | 136,602 | 114,926 |
| ABS (144A Only) | 34,978 | 31,997 | 39,068 |
| Non-Agency MBS | 114,460 | 83,152 | 67,269 |
| Agency MBS | 247,555 | 191,312 | 95,258 |
| CMBS | 25,549 | 17,643 | 24,869 |
| 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.
