| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 214,216.3 | 265,526.6 | 314,196.7 |
| ABS (Public + 144A excluding CDOs) | 189,059.5 | 190,772.7 | 219,843.3 |
| ABS (Public Only) | 84,736.6 | 99,243.7 | 131,834.1 |
| ABS (144A Only) | 129,479.7 | 166,282.9 | 182,362.6 |
| Non-Agency MBS | 83,566.5 | 135,282.7 | 126,022.2 |
| Agency MBS | 268,510.4 | 224,134.5 | 211,678.7 |
| CMBS | 120,270.0 | 106,424.7 | 96,175.6 |
| 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.
