Banks Have a Big Real Estate Problem But It’s Commercial, Not Residential

by Mish Shedlock, Mish Talk: Forget about bank doom loop stories over residential mortgages. Instead put the spotlight where it belongs. Not Residential! A reader asked me to comment on Peter Schiff: Banks Have a Bigger Real Estate Problem Today Than They Did in 2007. Banks are more vulnerable to the housing market now than they […]

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