Sen. Pat Toomey of Pennsylvania, the Banking Committee's top Republican, is talking up the prospects of a bipartisan deal to overhaul Fannie Mae and Freddie Mac. But Democratic leaders sound less motivated to change the status quo for the government-sponsored enterprises.

A pool of subprime auto loans, new and used, and approved with a heavily automated, technology driven and multi-step process underpin a $559 million deal.

Alternate income verification underwriting techniques raised caution with the collateral, but experienced originators and servicers are also on the deal, raising confidence.

Refinancings more than doubled the year-ago amount and made up for the slowed purchase activity, according to Attom Data Solutions.

IPFS is one of the largest insurance premium finance companies, and regularly services ABS backed by loans extended to small- and medium-sized businesses.

The departures of Bryan Schneider and Peggy Twohig come as the Biden administration's nominee to run the consumer bureau awaits Senate confirmation.

MAPS Trust 2021-1's lease ABS notes, secured by a young and high-tech fleet, will be the third lease ABS transaction serviced by Merx Aviation since 2018

The wireless communication infrastructure company plans to use proceeds from the issuance to help finance a $1.6 billion acquisition of a smaller company.

High-quality fully amortizing residential mortgages collateralize deal underwritten by Bank of America.

DeVito takes over on June 1, replacing interim CEO Mark Grier, who returns to his seat on the government-sponsored agency's board.

After a colossally “brutal” period in the beginning of the COVID-19 outbreak last year, a recent report from Kroll Bond Rating Agency noted that business development corporations mostly rebounded by year-end 2020 to bring a sense of renewed optimism into the alternative-lending space.

The bonds will be backed by a first-lien mortgage on Willowbrook Mall, a 1.52-million-square-foot shopping center in Houston.