Banking Agencies Propose Modifications to Commercial Real Estate Rule

Filed in Housing Finance by on September 18, 2018 0 Comments

regulationsThree banking agencies – the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency – on Sept. 18 invited public comment on a proposed rule to modify the agencies’ capital rules for high volatility commercial real estate.

NAHB has commented in the past on concerns with how high volatility commercial real estate rules have been interpreted by banking institutions.

Comments will be accepted for 60 days after publication in the Federal Register.

NAHB believes these changes would be helpful and the association plans to comment on the agencies’ proposal.

For more information, contact Becky Froass at 800-368-5242 x8529.

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