| 2008 | 2007 | 2006 | |
|---|---|---|---|
| ABS (Public + 144A) | 150,072.5 | 753,790.7 | 796,106.6 |
| ABS (Public + 144A excluding CDOs) | 130,654.6 | 505,539.2 | 580,812.6 |
| ABS (Public Only) | 113,159.8 | 356,113.1 | 479,957.6 |
| ABS (144A Only) | 36,912.7 | 397,677.6 | 316,203.6 |
| Non-Agency MBS | 43,843.8 | 590,239.8 | 500,502.5 |
| Agency MBS | 133,506.1 | 196,526.2 | 202,764.7 |
| CMBS | 17,046.0 | 205,819.7 | 115,692.1 |
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.
