| 2009 | 2008 | 2007 | |
|---|---|---|---|
| ABS (Public + 144A) | 77,916.3 | 136,757.6 | 677,009.0 |
| ABS (Public + 144A excluding CDOs) | 76,421.6 | 120,604.8 | 457,085.5 |
| ABS (Public Only) | 47,749.3 | 97,117.5 | 323,728.7 |
| ABS (144A Only) | 30,167.0 | 39,640.1 | 353,280.4 |
| Non-Agency MBS | 12,173.5 | 42,367.0 | 476,868.7 |
| Agency MBS | 107,097.1 | 105,572.8 | 151,638.3 |
| CMBS | 1,780.0 | 16,057.7 | 158,188.6 |
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.
