| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 206,862.8 | 262,181.8 | 307,696.2 |
| ABS (Public + 144A excluding CDOs) | 181,706.0 | 189,999.6 | 216,487.2 |
| ABS (Public Only) | 78,416.3 | 99,243.7 | 129,987.4 |
| ABS (144A Only) | 128,446.5 | 162,938.1 | 177,708.8 |
| Non-Agency MBS | 76,698.9 | 129,310.5 | 120,159.0 |
| Agency MBS | 256,607.0 | 222,375.1 | 209,519.7 |
| CMBS | 110,835.8 | 101,822.3 | 91,712.5 |
| 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.
