#Flafstar Bank

[mfi-miami]

FDIC To Gradually Auction $114B In MBS Seized From Failed Banks

FDIC To Gradually Auction $114B In MBS Seized From Failed Signature Bank and Silicon Valley Bank The FDIC has decided to sell a portfolio of $114 billion in mortgage-backed securities (MBS). The FDIC seized control of the MBS portfolios after taking control of Signature Bank and Silicon Valley Bank.  The face values of SVB’s portfolio is approximately $87 billion. Where as Signature Bank’s…