SVB’s 2022 annual report shows that about 15% of the loans on its books were secured by real estate mortgages.
About $8.3 billion of that was in loans backed by personal residence mortgages and $2.6 billion in commercial mortgage loans.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 22 seconds
Silicon Valley Bank’s Collapse Highlights Mortgage Exposure
The regulatory closure of Silicon Valley Bank had the most immediate impact on Silicon Valley, but there are also implications for the mortgage world. So reports The Real Deal.
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