Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Banks Are Making BAD LOANS! (Mortgage BUST in 2023)" video.

I entered RE services during, as NIck referenced, the early 90's. What he is referring to is the S&L Crisis. Was very similar to the GFC. Strange no one remembers this, perhaps too young. Completely decimated the S&L industry and its deposit insurer, the FSLIC. Taken over by the subsidiary of the FDIC known as the RTC. Was personally involved with liquidating assets from failed banks and S&Ls around the country. Trust me, it was huge.
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