| ABS ALL (ytd) | |||
|---|---|---|---|
| 2009 | 2008 | 2007 | |
| ABS (Public + 144A) | 123,189.5 | 159,455.3 | 797,497.3 |
| ABS (Public + 144A excluding CDOs) | 121,616.8 | 137,559.1 | 538,678.8 |
| ABS (Public Only) | 69,878.8 | 111,123.1 | 381,408.1 |
| ABS (144A Only) | 53,310.6 | 48,332.2 | 416,089.3 |
| Non-Agency MBS | 23,863.1 | 44,384.8 | 629,819.3 |
| Agency MBS | 185,793.8 | 137,844.8 | 202,961.7 |
| CMBS | 3,960.9 | 16,164.0 | 211,673.4 |
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.
