| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 197,642.3 | 245,559.8 | 276,800.6 |
| ABS (Public + 144A excluding CDOs) | 173,923.5 | 179,610.1 | 194,273.6 |
| ABS (Public Only) | 78,066.4 | 95,012.8 | 114,988.8 |
| ABS (144A Only) | 119,575.9 | 150,547.0 | 161,811.8 |
| Non-Agency MBS | 65,107.5 | 115,346.1 | 106,242.7 |
| Agency MBS | 241,433.5 | 199,777.7 | 198,226.1 |
| CMBS | 92,816.0 | 88,763.6 | 80,830.0 |
| 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.
