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A financial chart showing a sharp decline, with a background of a bank building and residential houses, symbolizing the impact of rising mortgage rates on the banking system.

Rising Unrealized Bank Losses

FDIC Reports Half a Trillion in Paper Losses

Unrealized losses in the US banking system have surged, with banks now facing over half a trillion dollars in paper losses. The new FDIC report highlights the impact of higher mortgage rates and the increasing number of problem banks.

June 3, 2024 06:06 AM

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