| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 198,162.7 | 250,924.8 | 282,918.1 |
| ABS (Public + 144A excluding CDOs) | 174,443.9 | 182,837.5 | 196,883.2 |
| ABS (Public Only) | 78,066.4 | 97,790.3 | 115,238.8 |
| ABS (144A Only) | 120,096.3 | 153,134.5 | 167,679.3 |
| Non-Agency MBS | 68,830.5 | 118,082.4 | 108,288.1 |
| Agency MBS | 242,568.4 | 202,229.6 | 198,226.1 |
| CMBS | 97,385.8 | 91,309.1 | 82,613.0 |
| 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.
