Truist expects 40% drop in marine/RV and indirect auto loan production

Truist expects new loan volume in marine/RV and indirect auto lending to fall 40% from the prior year, according to American Banker reporting published July 17, 2026. That is production — new loans booked — not existing balances. I read that as a deliberate pullback from dealer-originated paper, which could mean less competition and tighter terms for borrowers at dealerships.