| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 262,633 | 224,126 | 185,575 |
| ABS (Public and 144A excluding CDOs) | 248,459 | 198,032 | 162,740 |
| ABS (Public Only) | 220,546 | 178,232 | 137,093 |
| ABS (144A Only) | 42,087 | 45,894 | 48,482 |
| Non-Agency MBS | 138,060 | 101,155 | 84,500 |
| Agency MBS | 288,156 | 233,867 | 124,690 |
| CMBS | 29,197 | 21,763 | 29,792 |
| 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.
