Bloomberg Talks Meredith Whitney Advisory Group CEO Meredith Whitney Talks Slowdown in Spending
Sep 18, 2025
Meredith Whitney, founder and CEO of the Meredith Whitney Advisory Group, is known for her insights on banking and financial trends. In this discussion, she highlights a slowdown in spending among Gen Z and Millennials. Whitney connects current credit trends to past securitization patterns and discusses the role of seniors in borrowing. She raises concerns over rising stagflation risks, inflationary pressures, and potential regulatory changes affecting banks. The conversation dives deep into how consumer behavior may shift amidst these economic challenges.
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Specialized Consumer Credit Is Resurgent
- Specialized consumer loan securitization has expanded similar to the 1990s shift from mortgage to auto and home equity loans.
- Home equity and private credit demand exploded after a long contraction, fueling many new lenders backed by private equity and private credit.
Seniors Are The New Target For Lenders
- Seniors hold a disproportionate share of homeownership and many have no mortgage, making them a prime target for lenders.
- Lenders are innovating senior-focused products, including interest-only real estate products moving from the UK to the US market.
Watch Originate-And-Sell Fintechs
- Watch origin-and-sell fintechs like Rocket and SoFi because their models benefit from broad securitization demand.
- Monitor private-credit-funded lenders that may seek public markets as growth continues.