Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.

Banking regulators extend comment period on proposed capital rules

Three federal banking regulators extended the comment period on three notices of proposed rulemaking, or NPRs, that would revise and replace the agencies’ current capital rules.

The Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency revised the deadline to Oct. 22. Originally, comments were due by Sept. 7.

The Fed said the proposals are “intended to help ensure banks maintain strong capital positions, enabling them to continue lending to creditworthy households and businesses even after unforeseen losses and during severe economic downturns.”

The Basel Committee on Banking Supervision will determine whether the three capital requirement proposals are compliant with Basel standards.

One of the NPRs strengthens minimum requirements for the level and quality of banking organizations’ regulatory capital. Another proposes changes to the agencies’ advanced approaches Basel III capital regulation and applies the agencies’ market-risk capital regulations to thrift institutions and thrift holding companies if stated thresholds for trading activity are met.

The final NPR proposes changes to the calculation of risk-weighted assets that address issues identified in the financial crisis, and removes reliance on credit ratings consistent with the Dodd-Frank Act.



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