DataDigest: Office debt is stressing banks. That matters for mortgages.
Housing Wire
FEBRUARY 14, 2024
Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. 1, the company had lost 45% of its market value. Trouble at NYCB New York Community Bank released its earnings on Jan. By the end of Feb.
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