Extended Stay America is considered a pandemic success story, because its affordable monthly rates and configuration appealed highly to pandemic personnel.

The fintech specializes in lending to dentists, veterinarians and other solo providers looking to grow or establish their own practice.

The deal will test the resilience of structure’s credit mitigation measures, considering Hertz's dependence on air travel and pending emergence from Chapter 11.

Cannabis, though still illegal at the federal level, continues to inch into the financial mainstream. Small credit unions and lenders as large as Valley National and East West have moved beyond just taking deposits from marijuana companies.

Trinity Industries Leasing Co., the servicer, can make railcar dispositions during the life of the 2021-1 securitization, but the risk is offset by experience.

So far companies plan on using roughly the same number of employees as they shift from handling payment suspensions to assessing borrowers who have seen long-term declines in their incomes.

Experts expect only a small uptick in distressed mortgages, either through default or inability to refinance, which will create some opportunity for debt buyers

Auto and credit card securitizations benefited from more rational consumer behavior, whole CLO issuance remained strong for both new issuance and refinancing deals.

A growing number of companies like Klarna, Sezzle and Circle let consumers split large purchases into smaller transactions paid over time. But they say they need to offer more than one product to set themselves apart and build customer loyalty.

The data also showed that more purchase loans were made to low- and moderate-income borrowers last year, but fewer refinances.

About 18.5% of borrowers in the mortgage pool were self-employed, a slightly lower level than the combined percentages for 2020 and 2021 deals.

Demand was strongest at the high end of the market, which pushed loan amounts up for the fourth straight month.