| 2008 | 2007 | 2006 | |
|---|---|---|---|
| ABS (Public + 144A) | 159,822.9 | 898,022.6 | 1,252,425.6 |
| ABS (Public + 144A excluding CDOs) | 138,806.7 | 616,282.3 | 900,907.3 |
| ABS (Public Only) | 106,082.2 | 439,851.5 | 714,937.6 |
| ABS (144A Only) | 53,740.7 | 458,171.1 | 537,487.4 |
| Non-Agency MBS | 45,056.0 | 701,851.4 | 788,799.3 |
| Agency MBS | 145,317.6 | 239,238.8 | 262,222.2 |
| CMBS | 16,164.0 | 246,468.3 | 197,702.5 |
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.
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.
