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FDIC Sells $10.5B In Former SVB Debt Backed By Apartments - Bisnow

Retrieved on: 2024-03-19 17:39:43

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FDIC Sells $10.5B In Former SVB Debt Backed By Apartments - Bisnow. View article details on hiswai:

Summary

BlackRock assisted the FDIC in selling Silicon Valley Bank's assets, including mortgage-backed securities, avoiding market disruption by offloading Ginnie Mae loans without a public fire sale. This relates to structured finance and financial stability efforts in the U.S. mortgage industry.

Article found on: www.bisnow.com

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