The USQ Rail II Series 2021-3 is a master trust that will have two issuing entities, one registered for the U.S. and another for Canada.

Corporate loans to computer and electronics and business services companies support the largest industry concentrations in the first-lien, secured loans.

For two decades, Alfred Pollard served as the general counsel for Fannie Mae and Freddie Mac’s regulator. He had a front-row seat for the establishment of the Federal Housing Finance Agency, the government’s subsequent seizure of the mortgage giants amid mounting losses in 2008 and the more recent legal dispute over the FHFA’s authority.

Citigroup Global Markets is lead underwriter on the fourth issuance through Toyota’s ABS Green Bond program. The deal references two potential pools to be securitized.

The transaction, GOOD 2021-3, finances consumer loans on solar panels, home efficiency improvements and smart home technology extended to prime borrowers.

The four-week high in forbearance exits also helped drive the considerable drop in plans, according to Black Knight.

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.