| 2008 | 2007 | 2006 | |
| ABS (Public + 144A) | 55,874.8 | 323,369.2 | 287,934.6 |
| ABS (Public + 144A excluding CDOs) | 49,183.9 | 225,701.9 | 221,093.8 |
| ABS (Public Only) | 41,632.0 | 166,238.1 | 184,908.6 |
| ABS (144A Only) | 14,242.8 | 157,131.1 | 103,025.4 |
| Non-Agency MBS | 10,881.6 | 213,020.0 | 192,952.6 |
| Agency MBS | 50,293.5 | 60,861.2 | 68,453.0 |
| CMBS | 4,536.0 | 58,867.7 | 44,402.5 |
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.
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices group say.
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.
