FDIC To Gradually Auction $114B In MBS Seized From Failed Banks
FDIC To Gradually Auction $114B In MBS Seized From Failed Signature Bank and Silicon Valley Bank The FDIC has decided to sell a portfolio of $114 billion in mortgage-backed securities (MBS). The FDIC seized control of the MBS portfolios after taking control of Signature Bank and Silicon Valley Bank. The face values of SVB’s portfolio is approximately […]
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