Our take on the latest trending events:

Excerpt:
Strong numbers in job growth and wage increases over recent weeks point to a healthy labor force. And with positive sentiment among American consumers, they are in a better position to manage their debt, which is a good thing for both consumers and lenders.
More..
Excerpt:
Banks and lenders expect to tighten their lending standards as they anticipate a trend of increased delinquencies and losses. To mitigate this effect, loan sales of distressed assets by a trusted loan sale advisor is recommended.
More..
Excerpt:
The American consumer is strong today, thanks to wage growth, job confidence, and low interest rates. Banks are profiting from consumer lending growth, but commercial banks that wish to get into the market might find it difficult without the help of a seasoned loan sale advisor.
More..
Excerpt:
With the cycle coming to a close, lenders, fund managers, and investors are prepping for the next recession. And to do that, they are making efforts to reduce their exposure to distressed and delinquent assets.
More..
Excerpt:
The coronavirus is having a dire impact on the global economy. It is reaching as far as the U.S. in terms of hits to the U.S. stock market, consumers, and the domestic economy. Financial institutions are taking steps to protect their balance sheets amidst such economic uncertainty.
More..