| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 198,825.2 | 255,681.1 | 290,588.1 |
| ABS (Public + 144A excluding CDOs) | 175,106.4 | 185,797.3 | 202,171.9 |
| ABS (Public Only) | 78,066.4 | 98,709.5 | 119,754.4 |
| ABS (144A Only) | 120,758.8 | 156,971.5 | 170,833.7 |
| Non-Agency MBS | 73,844.2 | 121,069.3 | 111,420.8 |
| Agency MBS | 244,162.2 | 202,405.2 | 198,226.1 |
| CMBS | 102,659.7 | 93,985.0 | 84,880.0 |
| 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.
