| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 579,549 | 453,084 | 370,807 |
| ABS (Public and 144A excluding CDOs) | 526,357 | 398,162 | 319,006 |
| ABS (Public Only) | 461,613 | 356,994 | 269,520 |
| ABS (144A Only) | 117,936 | 96,091 | 101,288 |
| Non-Agency MBS | 340,701 | 266,562 | 214,280 |
| Agency MBS | 559,872 | 538,773 | 382,765 |
| CMBS | 73,070 | 55,599 | 68,086 |
| 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.
