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The powersport equipment financing company is hoping to see its first profitable year in 2021.

The residential mortgage-backed securities will offer investors a chance at $300 million in notes highly rated virtually throughout the deal.

The Consumer Financial Protection Bureau disputes a district court ruling that misconduct claims against the company were already covered by a previous settlement.

The Mello Warehouse Securitization Trust 2021-2 is preparing a $500 million deal, the latest transaction collateralized by newly originated mortgages that are eligible for purchase by Freddie Mac, Fannie Mae and Ginnie Mae.

Progress Residential 2021-SFR4 is making a huge bet on the continued demand for single-family rental properties.

The persistently slow reduction in the number of borrowers at risk of default indicates that while loan performance overall is improving, a substantial pool of mortgages will need workouts when forbearance ends.

Wells Fargo has tightened up a few credit characteristics in its latest offering of $826 million in commercial mortgage-backed securities notes.

Federal Housing Finance Agency Director Mark Calabria said he wants to work with the consumer bureau on an “exit strategy” for borrowers approaching the end of their forbearance periods.

The pool of pass-through commercial mortgage-backed securities is mostly made up of single-family and multifamily residences.

Surging used-car prices — brought on by a combination of strong consumer demand and limited new-vehicle supply — are boosting loan yields and profits at the Detroit company.

The government sponsored enterprise’s latest forecast calls for a nearly $4 trillion year for 2021.

Deals, trends and research in structured finance and asset-backed securities for the week of April 9-16

The Michigan lender agreed in 2012 to pay $133 million to resolve civil fraud charges tied to government-backed mortgages. But the deal with the Justice Department came with a catch that eventually allowed Flagstar to pay far less.

Gensler is poised to confront everything from the fallout of the GameStop trading frenzy to the collapse of Archegos Capital Management.

But the percentage of weekly applications in that category was closer to 60%, the Mortgage Bankers Association found.

The conduit transaction will carry a $120 million portion of a $750 million debt financing package for Facebook's newly built Oculus R&D center near San Francisco.

The Consumer Financial Protection Bureau's revocation of a Trump-era policy on abusive practices could mean higher fines and penalties for violators. But it still isn't clear what makes a practice abusive.

However, the decline in Black Knight’s numbers may stem from a previous deadline that policymakers have since extended.

Deals, trends and research in structured finance and asset-backed securities for the week of April 2-8

President Biden plans to direct his administration to develop a strategy on climate-related risks for public and private financial assets, according to a draft document seen by Bloomberg News.