| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 452,871 | 364,309 | 307,776 |
| ABS (Public and 144A excluding CDOs) | 418,279 | 322,601 | 268,138 |
| ABS (Public Only) | 364,121 | 290,255 | 230,794 |
| ABS (144A Only) | 88,749 | 74,054 | 76,981 |
| Non-Agency MBS | 263,247 | 207,798 | 152,016 |
| Agency MBS | 481,809 | 452,282 | 279,080 |
| CMBS | 56,119 | 41,616 | 49,542 |
| 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.
