| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 502,771 | 394,771 | 332,949 |
| ABS (Public and 144A excluding CDOs) | 463,854 | 350,039 | 288,919 |
| ABS (Public Only) | 406,835 | 315,268 | 247,640 |
| ABS (144A Only) | 95,937 | 79,503 | 85,310 |
| Non-Agency MBS | 285,951 | 209,912 | 167,665 |
| Agency MBS | 511,767 | 491,326 | 302,387 |
| CMBS | 61,273 | 43,353 | 56,276 |
| 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.
