CFPB doubles down against marketing services agreements

CFPB doubles down against marketing services agreements

Underscores that MSAs could constitute mortgage kickbacks

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Lending / The Ticker

Smaller banks granted stress test reprieve


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