| 2008 | 2007 | 2006 | |
|---|---|---|---|
| ABS (Public + 144A) | 124,247.4 | 652,422.8 | 605,046.6 |
| ABS (Public + 144A excluding CDOs) | 110,483.2 | 439,250.1 | 456,387.0 |
| ABS (Public Only) | 98,565.3 | 311,091.6 | 377,395.7 |
| ABS (144A Only) | 25,682.1 | 341,331.2 | 227,650.9 |
| Non-Agency MBS | 36,539.6 | 470,413.7 | 384,239.7 |
| Agency MBS | 81,877.4 | 151,638.3 | 157,873.7 |
| CMBS | 13,171.9 | 154,498.1 | 88,930.4 |
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.
