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‘A crisis is about to happen’: $929 billion in commercial real estate debt is about to come due will America’s regional banks survive

Entrepreneur Tom Ellsworth warns of an impending crisis in the U.S. banking system as $929 billion of commercial real estate debt comes due in 2024. This poses a significant challenge for small and medium-sized banks amidst a high-interest rate environment. While some banks may face stress, experts suggest they may not necessarily become insolvent, but concerns linger about their ability to meet minimum capital requirements.

Affirm down 10% on news delinquencies have doubled on buy now default later

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