| 2008 | 2007 | 2006 | |
|---|---|---|---|
| ABS (Public + 144A) | 156,857.9 | 846,718.9 | 1,034,355.3 |
| ABS (Public + 144A excluding CDOs) | 136,109.2 | 578,335.0 | 759,369.2 |
| ABS (Public Only) | 115,020.8 | 412,319.0 | 603,630.7 |
| ABS (144A Only) | 41,837.1 | 434,400.0 | 430,724.5 |
| Non-Agency MBS | 43,192.2 | 660,037.2 | 657,963.3 |
| Agency MBS | 139,107.5 | 215,584.7 | 232,058.4 |
| CMBS | 16,021.9 | 222,726.2 | 152,939.2 |
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.
