"Subprime is contained" pic.twitter.com/P6zBYmsXIC
— Don Johnson (@DonMiami3) October 21, 2023
Any bank that writes a lot of residential mortgages is cutting people. The refi business is in a coma and sales volume is way down 🚨
If they have a portfolio of loans on commercial property, they likely have a problem. pic.twitter.com/M4lGSIPQ8f
— Wall Street Mav (@WallStreetMav) October 21, 2023
Wall Street Investors are beginning to sell their houses.
This listing in Phoenix was bought by a private equity fund in 2022 at the peak of the bubble.
Now they're listing at an 11% loss.
It's just the start. pic.twitter.com/RCLtUBMHGf
— Nick Gerli (@nickgerli1) October 21, 2023
Banks are in trouble. pic.twitter.com/BQjCMUcMEh
— Aaron Day (@AaronRDay) October 9, 2023