PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
W S
Lending / The Ticker

Smaller banks granted stress test reprieve

calendar
/ Print / Reprints /
| Share More
/ Text Size+

The Fed is giving the little guy extra breathing room, and is not requiring smaller banks to meet all of the new capital rules during the next round of Federal Reserve stress tests. Per Bloomberg:  

Allowing smaller banks to use current capital rules should give them “time to adjust their internal systems,” the Fed said. At the largest lenders, capital adequacy will still be assessed using the same minimum 5% tier 1 common ratio as in earlier stress tests and capital plans, “ensuring consistency with those previous exercises,” the Fed said.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus