| 2010 | 2009 | 2008 | |
|---|---|---|---|
| ABS (Public + 144A) | 85,977.1 | 114,035.3 | 158,897.5 |
| ABS (Public + 144A excluding CDOs) | 84,726.8 | 112,462.6 | 137,001.4 |
| ABS (Public Only) | 41,729.0 | 68,398.1 | 110,873.1 |
| ABS (144A Only) | 44,248.1 | 45,637.2 | 48,024.5 |
| Non-Agency MBS | 13,112.0 | 7,558.4 | 44,384.8 |
| Agency MBS | 307,228.5 | 191,330.1 | 137,836.8 |
| CMBS | 9,372.4 | 3,698.4 | 16,164.0 |
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.
