5 tips for new renters this summer

S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%

Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales
W S
Investments / The Ticker

Bank regulators debate lender risk rules

How much skin-in-the-game should a bank have?

legal steps
/ Print / Reprints /
| Share More
/ Text Size+

Reuters says banking regulators are still trying to determine how much risk a bank should carry after loans are sold off onto the secondary mortgage market. The publication elaborates on the ongoing debate:

The Federal Deposit Insurance Corp said on Wednesday that it will meet on August 28 to discuss the credit risk retention rule required by the 2010 Dodd-Frank Wall Street oversight law.

The "skin-in-the-game" rules call for lenders to keep 5 percent of securitized mortgages on their books, with the exception of the most basic loans. The requirement was first proposed in 2011, but has not yet been made final.

Source: Reuters
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus