| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 320,375 | 255,838 | 225,431 |
| ABS (Public and 144A excluding CDOs) | 299,993 | 225,885 | 195,209 |
| ABS (Public Only) | 266,724 | 200,612 | 164,220 |
| ABS (144A Only) | 53,652 | 55,226 | 61,212 |
| Non-Agency MBS | 190,991 | 129,490 | 105,405 |
| Agency MBS | 359,321 | 300,754 | 156,496 |
| CMBS | 39,585 | 30,786 | 37,945 |
| 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.
