| 2010 | 2009 | 2008 | |
|---|---|---|---|
| ABS (Public + 144A) | 43,211.0 | 24,857.1 | 74,898.4 |
| ABS (Public + 144A excluding CDOs) | 42,643.2 | 24,660.3 | 65,380.1 |
| ABS (Public Only) | 15,367.9 | 18,963.5 | 53,102.7 |
| ABS (144A Only) | 27,843.0 | 5,893.6 | 21,795.7 |
| Non-Agency MBS | 4,412.5 | 337.9 | 22,395.4 |
| Agency MBS | 128,041.7 | 44,799.5 | 51,011.5 |
| CMBS | - | 1,755.4 | 9,531.9 |
The sophomore outing follows a similar structure as the Clarus 2024-1, with six tranches of class A, B, C, D and E notes. The A2 tranche will issue the bulk of notes, $165.4 million.
The underlying collateral pool is composed of 45,323 receivables, which have an average remaining loan balance of $30,210, and an average percentage rate (APR) 5.56%.
The 30-year fixed fell to 6.37% after a two-week ceasefire tempered war-driven volatility, but economists warn the spring housing market faces continued turbulence.
The Mortgage Bankers Association found gains in March for conforming, jumbo and government-sponsored loan indices for the third consecutive month.
The public and large institution segment make up 89.7% of obligors, up from the 87.7% seen in DEFT 2025-2, an increase that was driven largely by an increase in the large enterprise institution segment.
American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.
