Used autos are in high demand, because the COVID-19 pandemic caused production delays that constrained the supply of new vehicles to the market.

After its founding in February 2012, the company has come to market 25 previous times for capital to support its business.

While the hot market’s actual and forecast home price gains were key drivers of Fannie’s results, they also present a challenge to the affordable housing mission that it’s working to address.

The number of people exiting pandemic-related payment suspensions starting in September will be daunting to process, according to a Black Knight report published Monday.

While the underlying pool of student loans is mixed, 96% of them are non-rehabilitated loans.

In late July, the Justice Department notified the Houston bank of a potential lawsuit alleging violations between 2013 and 2017, according to a securities filing. Cadence said that its prospective merger partner, BancorpSouth, supports the settlement discussions.

While the numbers were higher than they were a year earlier, the decline comes at a time of year that usually produces some of the best returns for sellers.

The bureau said two rules related to communications with debtors will go into effect as originally planned on Nov. 30. The agency had previously proposed an extension to consider consumer advocates' concerns about the regulations.

Concerns about foreclosure and a crowded market led to an increase in listings at lower price points in the second quarter.

World Omni Auto Receivables Trust continues to focus solely on Toyota models, and has the potential to issue up to $1.1 billion in notes.

DriveTime extends financing to borrowers who have subprime credit profiles, generally with limited credit histories, modest incomes or prior credit difficulties.

A hike in guarantee fees charged to lenders for the companies’ backing of loans was due to expire this year, but lawmakers now want to extend it to raise $21 billion for the bipartisan package.