| 2004 | 2003 | 2002 | |
| ABS (Public and 144A) | 133,498 | 103,766 | 80,727 |
| ABS (Public and 144A excluding CDOs) | 125,857 | 97,882 | 72,294 |
| ABS (Public Only) | 111,709 | 88,991 | 66,662 |
| ABS (144A Only) | 21,789 | 14,776 | 14,065 |
| Non-Agency MBS | 40,628 | 50,562 | 30,445 |
| Agency MBS | 39,445 | 202,601 | 108,842 |
| CMBS | 10,767 | 9,524 | 8,115 |
| 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.
