WASHINGTON–The mortgage banking industry may be facing some headwinds, but that hasn’t stopped the pace of efforts to advocate for it on Capitol Hill and across federal agencies.
Tag: Basel III
MBA Opposes Proposed Rulemaking Implementing Basel III Endgame and Making Changes to Capital Requirements for Banks
The Mortgage Bankers Association strongly urged federal policymakers to vote against a proposed Notice of Proposed Rulemaking implementing the Basel III “endgame” rule, which is set for consideration on July 27. The rule is expected to impose a 15 to 20 percent increase in capital requirements for larger institutions.