‘There will be bank failures,’ Fed chief tells lawmakers
Housing Wire
MARCH 8, 2024
trillion in residential mortgage debt as of first-quarter 2023. of all commercial mortgages in Q1 2023, regional and local banks trimmed their share of originations to 25.1% in Q2 2023. When the FDIC rescued Silicon Valley Bank and Signature Bank in March 2023, the price tag was $22 billion. FDIC), banks held $2.78
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