| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 549,296 | 430,235 | 357,322 |
| ABS (Public and 144A excluding CDOs) | 503,425 | 383,180 | 309,392 |
| ABS (Public Only) | 440,788 | 345,081 | 262,836 |
| ABS (144A Only) | 108,508 | 85,154 | 94,486 |
| Non-Agency MBS | 312,720 | 234,726 | 189,305 |
| Agency MBS | 537,862 | 530,600 | 342,562 |
| CMBS | 66,352 | 48,596 | 63,630 |
| 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.
