Me thinks they are getting ready for a little wealth transference from the "smaller" banks to the "larger" banks.
Bank commercial real-estate loan portfolios are up 10% from a year earlier to $1.76 trillion in late November, a record high, according to Fed data. Nearly two-thirds of these loans are on the books of smaller banks, Fed data show, and foreign banks hold a growing proportion. Private-equity funds and real-estate investment trusts also have jumped in the game, reaching for high-yield returns.
Read more at http://globaleconomicanalysis.blogspot.com/2015/12/fed-war-games-sh...