| 2008 | 2007 | 2006 | |
|---|---|---|---|
| ABS (Public + 144A) | 158,591.5 | 891,221.8 | 1,184,258.7 |
| ABS (Public + 144A excluding CDOs) | 137,683.8 | 614,021.0 | 857,748.7 |
| ABS (Public Only) | 116,160.6 | 439,851.5 | 676,280.2 |
| ABS (144A Only) | 42,430.9 | 451,370.3 | 507,978.5 |
| Non-Agency MBS | 44,544.0 | 687,342.7 | 723,042.2 |
| Agency MBS | 141,290.6 | 230,145.0 | 251,477.0 |
| CMBS | 16,164.0 | 237,427.4 | 176,970.3 |
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.
