| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 309,811 | 253,750 | 221,184 |
| ABS (Public and 144A excluding CDOs) | 289,568 | 223,948 | 191,345 |
| ABS (Public Only) | 256,557 | 199,555 | 162,324 |
| ABS (144A Only) | 53,255 | 54,195 | 58,860 |
| Non-Agency MBS | 180,696 | 125,941 | 103,689 |
| Agency MBS | 351,281 | 290,303 | 155,834 |
| CMBS | 38,537 | 28,371 | 36,228 |
| 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.
