| 2017 | 2016 | 2015 | |
|---|---|---|---|
ABS (Public + 144A) | 38,844.0 | 36,583.0 | 63,287.6 |
| ABS (Public + 144A excluding CDOs) | 38,844.0 | 32,081.4 | 47,632.6 |
| ABS (Public Only) | 18,081.8 | 17,044.2 | 29,203.1 |
| ABS (144A Only) | 20,762.2 | 19,538.8 | 34,084.5 |
| Non-Agency MBS | 11,664.3 | 14,063.0 | 29,423.8 |
| Agency MBS | 46,135.5 | 44,730.0 | 29,678.9 |
| CMBS | 21,630.6 | 21,378.6 | 23,351.2 |
| Source: Thomson Reuters | |||
| a |
The rating agency said CLO diversity insulates them from sector-specific shocks, fortifying them against the current weakness in software.
Non-QM securitizations hit $78B as lenders ease guidelines to capture unserved borrower demand, even as total impairments rise for the 10th time in 13 months to 6.27%.
The transaction's pool includes roughly 2.4 million square feet of office space, or 94.6% of the total, on the first through 60th floors.
Non-prime loans comprise 72% of mortgages backing CROSS 2026-NQM10 Mortgage Trust, with most of them fixed-rate.
The Bureau of Economic Analysis reported that the personal consumption expenditures, or PCE, price index rose 3.7% from a year earlier, indicating that inflation remains above the Federal Reserve's target.
The product expansion comes at a time when not just non-agency issuance is expected to have a record year, but other lenders are getting into wholesale.
