| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 332,265 | 263,451 | 231,784 |
| ABS (Public and 144A excluding CDOs) | 309,223 | 232,001 | 200,830 |
| ABS (Public Only) | 274,839 | 205,914 | 169,497 |
| ABS (144A Only) | 57,426 | 57,537 | 62,288 |
| Non-Agency MBS | 195,174 | 131,686 | 109,007 |
| Agency MBS | 361,539 | 310,815 | 164,752 |
| CMBS | 41,975 | 31,673 | 41,547 |
| 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.
