Economist: America’s banks are missing hundreds of billions of dollars…Business Insider: Housing is so unaffordable that banks are losing money for each mortgage they finance for the first time ever
They said: Over the past year those in commercial banks have sunk by half a trillion dollars, a drop of nearly 3%. This makes the financial system more fragile, since banks must shrink to repay their deposits. Read more: https://t.co/qaaObFsmKK — unusual_whales (@unusual_whales) April 24, 2023 A recent MBA report shared how the new losses … Read more