Andy Peters writes about regional banks, consumer finance and debt collections for American Banker. He also co-writes the Morning Scan column. He has previously written for Bloomberg and for the Daily Report, a legal newspaper in Atlanta. He got his start in journalism as an editorial intern for The New York Times. His Twitter handle is @AndyPetersAB
The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.