| 2009 | 2008 | 2007 | |
|---|---|---|---|
| ABS (Public + 144A) | 4,261.4 | 35,130.2 | 120,463.5 |
| ABS (Public + 144A excluding CDOs) | 2,025.8 | 32,202.2 | 90,130.5 |
| ABS (Public Only) | 1,847.0 | 26,130.0 | 77,838.6 |
| ABS (144A Only) | 2,414.4 | 9,000.2 | 42,625.5 |
| Non-Agency MBS | .0 | 5,179.1 | 61,934.7 |
| Agency MBS | 8,061.5 | 8,406.4 | 12,553.7 |
| CMBS | .0 | 1,231.6 | 12,337.8 |
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.
