New securitizations backed by commercial mortgages declined during the third quarter of 2015, but the market at the nine-month mark has nearly matched total issuance for all of last year, according to a new Inside MBS & ABS analysis. Some $49.62 billion of income-property mortgages were securitized during the third quarter of 2015, down 15.8 percent from the second quarter. However, with $162.18 billion of commercial mortgage securities issuance through the first nine months of 2015, the market is poised to reach its highest annual volume since the financial crisis when the year ends. Both sides of the market – non-agency CMBS and agency multifamily MBS – saw...[Includes one data table]