Four Mortgage REITs Collapse After Chaos Hit Markets for Residential & Commercial Mortgage-Backed Securities
Mortgage REIT # 4 so far: This afternoon, March 24, MFA Financial announced that it had received “an unusually high number of margin calls from financing counterparties,” and that by the close of business on Monday, it couldn’t meet those margin calls. Its shares...
Subprime Credit Card Delinquencies Spike To Record High, Surpass Financial-Crisis Peak
The rate of credit card balances that are 30 days or more delinquent at the 4,500 or so commercial banks that are smaller than the top 100 banks spiked to 7.05% in the fourth quarter, the highest delinquency rate in the data going back to the 1980s (red line). But at...
Start Your Dollarcation With RTD University
Get tamper-proof, stackable 1/4 grain gold cards.
Support RTD On Patreon Here:
Get FREE Silver from Quick SIlver
The Most Affordable Gold In The Market—own spendable 24K Gold and secure your wealth!
Purchasing Power Matters – Get your shirt today!
