| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 473,956 | 378,769 | 316,929 |
| ABS (Public and 144A excluding CDOs) | 437,645 | 336,761 | 276,530 |
| ABS (Public Only) | 381,235 | 304,008 | 238,491 |
| ABS (144A Only) | 92,722 | 74,761 | 78,438 |
| Non-Agency MBS | 278,753 | 209,038 | 156,077 |
| Agency MBS | 510,474 | 466,222 | 283,631 |
| CMBS | 58,394 | 42,491 | 51,478 |
| 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.
