Mortgage-Backed Securities Held By U.S. Commercial Banks Surpasses $2 Trillion: Cause For Concern?
- Monday, December 9, 2019, 7:17
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Mortgage-backed securities played a pivotal role in triggering the 2008 recession. And there was a notable reduction in the amount of MBS U.S. banks held on their balance sheet immediately after the downturn. But banks have been doubling down on the once-reviled asset class over recent years…