U.S. Regional "Mortgage Relief" Google Search Interest Hits All-Time High

BlockBeats News, March 23rd, according to Google Trends data, the search interest for "help with mortgage" in the United States has hit an all-time high. Compared to the current interest, the previous peak in March 2009 recorded a value of 76.

BlockBeats previously reported that the tight sentiment in the private credit market has spread to Wall Street. Several major U.S. banks are tightening their lending to this industry, and some funds have restricted investor redemptions. JPMorgan Chase has marked down the value of some loans to private credit funds, reducing its lending exposure; Morgan Stanley limited redemptions of one private credit fund as investors sought to redeem nearly 11% of the fund; BlackRock's flagship fund HLEND faced a surge in redemption requests in the first quarter, reaching $1.2 billion, triggering a 5% redemption limit; Blackstone's flagship fund BCRED saw a significant increase in redemption requests in the first quarter, with $3.7 billion withdrawn, marking the first quarterly outflow.