| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 215,775.1 | 270,350.9 | 318,460.1 |
| ABS (Public + 144A excluding CDOs) | 190,618.3 | 193,667.1 | 221,974.4 |
| ABS (Public Only) | 84,736.6 | 99,243.7 | 133,172.1 |
| ABS (144A Only) | 131,038.6 | 171,107.2 | 185,288.0 |
| Non-Agency MBS | 85,919.9 | 136,168.8 | 131,247.0 |
| Agency MBS | 269,457.8 | 226,019.5 | 211,678.7 |
| CMBS | 122,755.3 | 108,819.5 | 99,855.0 |
| Source: Thomson Reuters | |||
The securitization is backed by a 174,000-square-foot, 30-megawatt hyperscale data center in Elk Grove Village near Chicago.
The deal is backed by recently originated, 30-year fixed-rate mortgages with an average combined loan-to-value ratio of 75.1%, according to Morningstar DBRS.
This marks the second transaction from the shelf, backed by 651 first-lien, fully amortizing fixed-rate mortgages.
All loans in the deal's portfolio were made to investors and underwritten based on property cash flow and rental income to determine borrower eligibility.
A federal judge Wednesday said the Department of Housing and Urban Development failed to justify a sharp overhaul of a long-standing fair-housing grant program.
If Fed Chair Kevin Warsh's comments lack substance on inflation in the market's opinion, it is likely to drive mortgage rates even higher, NerdWallet warned.
