Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.

Industry observers say they expect current market conditions to support healthy deal flow through the end of 2021.

As rising home valuations force first-time home buyers out of the market, expect to see non-owner-occupied loans to increase.

In a deal underwritten by RBC, the initial note balance could either be $1.2 billion or $1.7 billion, depending on market conditions at the time of pricing.

Consumers are booking rooms at levels not seen since early 2020 and loan delinquencies have fallen sharply as a result. Still, business travel remains sluggish and new COVID variants are spreading, threatening the hotel industry’s recovery.

The GSE forecasts $4 trillion in production this year because refinance activity is stronger than expected.

Most of the pool, 63.7%, consists of new agricultural equipment, followed by new construction equipment and new turf equipment.

While the underlying pool of loans is of strong credit duality, concerns abound about how COVID’s economic impact could negatively affect pool performance.

The agency’s new chief said eliminating the “adverse market fee” — in place since December — will make it easier for families to refinance while mortgage rates are still low.

“One” is the first in a series of non-agency mortgages the wholesaler plans to introduce this year.

The survey results signal a greater willingness on the part of portfolio managers to carry or add additional credit risk to their portfolios.

Sens. Sherrod Brown and Elizabeth Warren criticized Federal Reserve Chair Jerome Powell over reg relief policies instituted by the central bank, signaling that some progressive lawmakers may be reluctant to give him a second term.