Yellen: Some Banks 'Likely to Be Exposed' by Real Estate Issues, and 'Some of the Greatest Exposure' Is in Community Banks

During an interview with MSNBC aired on Wednesday's broadcast of "The 11th Hour," Treasury Secretary Janet Yellen responded to a question on commercial real estate issues endangering banks in a way that impacts consumers by stating that the issue is "not likely to be a systemic" one, but "there are some banks that are likely to be exposed." And "Some of the greatest exposure among banks is among community banks with very high concentrations in commercial real estate."