| 2009 | 2008 | 2007 | |
|---|---|---|---|
| ABS (Public + 144A) | 115,478.9 | 158,344.4 | 763,050.3 |
| ABS (Public + 144A excluding CDOs) | 113,906.2 | 136,448.2 | 512,598.8 |
| ABS (Public Only) | 65,447.0 | 110,873.1 | 361,683.7 |
| ABS (144A Only) | 50,031.9 | 47,471.3 | 401,366.6 |
| Non-Agency MBS | 20,978.0 | 44,384.8 | 593,713.1 |
| Agency MBS | 174,835.5 | 134,619.4 | 196,526.2 |
| CMBS | 1,780.0 | 16,164.0 | 206,621.4 |
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.
