https://wallstreetonparade.com/2024/05/delinquencies-on-office-property-loans-at-banks-are-at-8-percent-while-office-loans-the-banks-sold-to-investors-show-31-percent-in-trouble/
The fact that the Fed is reporting that a little more than 8 percent of the office loans still on the books of the banks are in trouble but somehow 31 percent of the office loans the banks bundled into CMBS and sold to investors are in trouble hints at a replay of the tricked-up operations of the megabanks heading into the 2008 financial collapse.
Some banks back then told their sales staff to make it a top priority to bundle and sell their “shitty deals” to investors and then made billions by shorting (betting against) the toxic waste they knew were in those deals
