| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 531,261 | 412,274 | 346,881 |
| ABS (Public and 144A excluding CDOs) | 488,837 | 366,574 | 300,564 |
| ABS (Public Only) | 428,095 | 330,142 | 255,987 |
| ABS (144A Only) | 103,166 | 82,132 | 90,894 |
| Non-Agency MBS | 307,964 | 232,079 | 182,467 |
| Agency MBS | 537,092 | 502,875 | 340,515 |
| CMBS | 65,452 | 47,687 | 59,383 |
| 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.
