| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 129,880.7 | 176,470.7 | 185,819.0 |
| ABS (Public + 144A excluding CDOs) | 111,683.7 | 127,984.0 | 128,648.7 |
| ABS (Public Only) | 51,850.0 | 71,854.0 | 78,005.5 |
| ABS (144A Only) | 78,030.8 | 104,616.7 | 107,813.5 |
| Non-Agency MBS | 53,335.6 | 80,800.5 | 65,692.2 |
| Agency MBS | 131,191.1 | 125,749.5 | 121,499.3 |
| CMBS | 59,676.4 | 66,266.9 | 52,482.7 |
| 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.
