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Bank Failures and the Return of MBS
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You may remember the acronym MBS from the ’07–’08 financial crisis. Michael Lewis's book and then movie, The Big Short, taught us all about how the mortgage-backed securities (MBS) market almost blew up the global financial system. Well, today, mortgage-backed securities are back in the news…
In this week’s episode of Global Macro Update, Barry Habib, founder and CEO of MBS Highway, joins Ed D’Agostino to discuss the role of mortgage-backed securities in Silicon Valley Bank’s failure—and if the other shoe will drop for the rest of the banking sector.
To hear more from Barry Habib, along with about 50 other financial and economic experts, click here for info on Mauldin Economics’ premier event, the Strategic Investment Conference.
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