| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 26,806 | 29,821 | 24,577 |
| ABS (Public and 144A excluding CDOs) | 26,806 | 28,986 | 24,128 |
| ABS (Public Only) | 22,402 | 27,169 | 22,756 |
| ABS (144A Only) | 4,404 | 2,652 | 1,821 |
| Non-Agency MBS | 1,846 | 14,637 | 9,578 |
| Agency MBS | 4,572 | 97,289 | 32,058 |
| CMBS | 418 | 2,337 | 649 |
| 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.
