| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 439,694 | 352,025 | 300,294 |
| ABS (Public and 144A excluding CDOs) | 406,677 | 311,993 | 261,702 |
| ABS (Public Only) | 353,567 | 280,565 | 225,210 |
| ABS (144A Only) | 86,128 | 71,460 | 75,084 |
| Non-Agency MBS | 262,550 | 194,814 | 142,838 |
| Agency MBS | 469,055 | 441,775 | 272,112 |
| CMBS | 56,119 | 40,612 | 47,850 |
| 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.
