| 2009 | 2008 | 2007 | |
|---|---|---|---|
| ABS (Public + 144A) | 21,892.4 | 77,147.7 | 377,736.1 |
| ABS (Public + 144A excluding CDOs) | 21,695.7 | 67,629.5 | 260,812.0 |
| ABS (Public Only) | 17,282.0 | 55,352.0 | 192,042.9 |
| ABS (144A Only) | 4,610.5 | 21,795.7 | 185,693.2 |
| Non-Agency MBS | 72.6 | 22,395.4 | 228,455.3 |
| Agency MBS | 30,598.8 | 51,011.5 | 61,986.9 |
| CMBS | 1,017.1 | 9,531.9 | 69,549.6 |
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.
