The Interest Rate Risk of Mortgage Loans

There is an equivalent or much bigger actually the loan portfolio where these are not securities these are just direct loans to various various industries. Every part of that is just mortgage loans, but not mortgage back securities. They have credit cards they have auto loans. These are these, we don't talk much about the duration of these loans. So is it because people will default? Well, not because it will default, but eventually, as the funding costs, creeps higher and higher because deposits are slowly bleeding out of the banking system. Maybe it will speed up. It may, and it will probably speed up a lot if there are hikes even more.