MBA Says New Basel Capital Rule Proposal Threatens To Upend Mortgage Market

National Mortgage Professional, Aug. 8, 2023-Christine Stuart
In a move that could have far-reaching implications for the mortgage market and the U.S. economy, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) unveiled sweeping changes to the capital requirements for banks holding assets over $100 billion in late July.