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The shortfall is much smaller. The challenge is $80Bln mortgage-backed securities, which they likely have to sell at a 20-30% markdown and cover that.
by jakozaur 4y ago
The shortfall is much smaller.
The challenge is $80Bln mortgage-backed securities, which they likely have to sell at a 20-30% markdown and cover that.
- woeirua 4y agoThis is the real question. How much are those MBS worth on the open market? Their value decreases every day as the fed keeps raising rates. I don't think anyone can really say what kind of hole SVB might be in right now.