How homeowners and home buyers can protect themselves as regional banks and other lenders come under pressure
Silicon Valley Bank collapsed in less than two days. In that time, the bank’s stock price fell over 60%, and customers tried to withdraw $42 billion. Here’s how the SVB’s collapse became the second-largest U.S. bank failure ever, and what it means for customers in the future. Photo Illustration: Alexandra Larkin.
VeronicaDagher That bubble about to pop
VeronicaDagher EO13772 2/3/17 did what with the DS's private piggy bank; the Federal Reserve (not federal, no reserves)? Mapped the grift, now you are watching the pig being gutted.
Money never sleeps
I don’t understand. You get a mortgage from a bank, they sell your mortgage and you pay someone else.
If the bank fails, the house is FREE.
Someone tell me where I'm wrong. If the bank holding my mortgage goes under... I still own my home.