Pretty scary when you see someone shorting a mortgage fund. Their opinion is they have not marked down the mortgages to their true value and that when many of these mortgages mature next year they will not be paid off. If this goes down like he suggests we may have one big blowup next year in the commercial mortgage markets.
Surprised it hasn't happened already. Not sure it will have a big affect on the markets.
Thanos was the hero
If it implodes the impact probably is going to be limited to certain sectors like Private equity, banks and REITS. It will probably impact the economy if commercial loans dry up for new projects as well.Originally Posted by boneil
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