Four federal banking regulators have agreed that additional analysis is needed before publishing a notice of proposed rulemaking on the U.S. implementation of the Basel II international capital standards.The Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corp., and the Office of Thrift Supervision had intended to publish the NPR at midyear 2005, but instead have agreed to a delay to better assess the results of a recently completed quantitative impact study. The agencies have now agreed to issue the NPR at the earliest possible date after considering issues raised by the study's results.
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Fannie Mae and Freddie Mac's portfolios were collectively $10 billion larger than in January, spurred in part by their mortgage-backed securities directive.
March 28 -
Employers who use Nayya's agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
Lowering minimum standards and using a 2018 proposal as a basis for change may be the quickest path, according to Donald Layton, Freddie Mac's CEO from 2012 to 2019.
March 27 -
The real estate investment trust declared an all-cash offer of $10.80 per share from CrossCountry superior to the fixed stock exchange ratio bid from UWM.
March 27 -
In three separate appearances Thursday, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said they are worried that U.S. involvement in the war with Iran could drive up inflation, leading them to conclude that interest rates should remain steady in the near term.
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