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Synovus sells $373M in auto loans as balance sheet reduction continues

Synovus sells $373M in auto loans as balance sheet reduction continues
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Banks, usually hungry for growth, are now looking to shrink

Banks, usually hungry for growth, are now looking to shrink
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Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly

(Bloomberg) US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind for lenders ranging from banks to asset-backed securities investors.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled A

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Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly

Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
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Is the sinking housing market finally at the bottom?

Market experts offer their insights on the state of mortgage financing and what a ‘new normal’ housing market will likely look like.

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