| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 513,613 | 407,877 | 334,884 |
| ABS (Public and 144A excluding CDOs) | 473,763 | 362,785 | 290,192 |
| ABS (Public Only) | 414,847 | 326,972 | 248,135 |
| ABS (144A Only) | 98,766 | 80,905 | 86,749 |
| Non-Agency MBS | 292,477 | 219,708 | 173,522 |
| Agency MBS | 516,574 | 497,762 | 315,166 |
| CMBS | 64,122 | 46,360 | 58,170 |
| 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.
