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The Detroit company, one of the nation's largest car lenders, enjoyed a surge in profits during the second quarter, largely due to strong consumer demand for vehicles. But how long will the good times last?

Emerging-market investors buy bonds over stocks increasingly as the delta variant of the coronavirus ravages developing economies with low vaccination rates.

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.

DirecTV is selling $6.2 billion of debt via the high-yield and leveraged loan markets to help finance its split from AT&T Inc.

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.