| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 488,694 | 386,112 | 322,593 |
| ABS (Public and 144A excluding CDOs) | 450,836 | 342,198 | 281,091 |
| ABS (Public Only) | 395,256 | 309,380 | 240,765 |
| ABS (144A Only) | 93,438 | 76,732 | 81,828 |
| Non-Agency MBS | 280,469 | 209,094 | 159,079 |
| Agency MBS | 511,179 | 476,018 | 288,773 |
| CMBS | 58,394 | 42,547 | 52,592 |
| 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.
