| 2008 | 2007 | 2006 | |
|---|---|---|---|
| ABS (Public + 144A) | 102,866.0 | 501,288.4 | 458,922.7 |
| ABS (Public + 144A excluding CDOs) | 90,518.6 | 342,739.3 | 349,645.6 |
| ABS (Public Only) | 80,983.0 | 254,108.1 | 290,345.4 |
| ABS (144A Only) | 21,883.0 | 247,180.3 | 168,577.3 |
| Non-Agency MBS | 24,401.3 | 333,175.0 | 289,640.8 |
| Agency MBS | 65,619.5 | 86,569.4 | 100,758.9 |
| CMBS | 10,126.9 | 107,138.8 | 66,274.4 |
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.
