| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 435,172 | 341,460 | 289,869 |
| ABS (Public and 144A excluding CDOs) | 405,335 | 302,605 | 253,221 |
| ABS (Public Only) | 348,448 | 271,297 | 217,249 |
| ABS (144A Only) | 86,724 | 70,163 | 72,620 |
| Non-Agency MBS | 257,605 | 189,894 | 141,910 |
| Agency MBS | 467,040 | 431,292 | 266,907 |
| CMBS | 54,722 | 39,373 | 47,171 |
| 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.
