Recent reports highlight the question of how much wage growth can do to sustain loan performance as pandemic relief gets rolled back, consumer costs rise and the housing market cools.

The Goddard schools are franchised, and the company's requirement that owners operate on site results in 82% of franchisees operating just one school.

The rating agency has revised the long-term issuer default rating for PacWest Bancorp and its banking subsidiary, Pacific Western Bank, from "BBB" to "BBB-" and says it doesn't expect the bank's common equity Tier 1 ratio to bounce back anytime soon.

On a combined basis, the GSEs performed better under this year's scenario than they did in 2021, but the Federal Housing Finance Agency said changes were still needed.

The Consumer Financial Protection Bureau said a company doesn't need to experience a data breach for the agency to consider taking action.

Angel Oak Capital Advisors and Brightvine collaborated on the deal, which raised $147.5 million noteholders and extended the application beyond mortgages.

The REIT did not issue a securitization in the period because of the upheaval, but found a more receptive marketplace in July.

As mortgage rates remain elevated, and housing inventory increase, unsupported rapid home price growth could moderate in the second half of 2022.

Rising interest rates, lower stock prices and other headwinds have caused many banks to pump the brakes on dealmaking. But some are betting that these trends will be too short-lived to deter them from engaging in mergers and acquisitions.

Huntington Bancshares has hired Shawn Lough, a veteran Truist Financial banker and West Point graduate, to help guide the sales strategy and goals of its consumer and business banking operation. It also expanded the duties of Digital Director Mark Sheehan to include deposits.

Previous Evergreen Credit transactions have issued amounts ranging from $428 million to $1,070 billion, while the last two deals issued $535 million each.

Most of the companies announcing cuts declined to disclose how many workers they terminated, although publicly traded giants revealed their moves would save them tens of millions of dollars this year.