House lawmaker warns of CECL's impact on Fannie, Freddie


Rep. Blaine Luetkemeyer, R-Mo., told the mortgage giants' chief federal regulator that the Financial Accounting Standards Board’s new model for estimating loan losses could pose risk across the mortgage market.


Community banks still aren’t ready for CECL


Despite recent chatter about a delay, there’s reason to believe the Current Expected Credit Losses accounting standard will go into effect next year. Regulators should do more to help smaller institutions prepare.


Shorter terms, higher rates: How CECL could upend lending


Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.


Regionals' proposed CECL fix gets thumbs-down


Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process.


CECL talks could get heated as detractors weigh in


At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.


CECL is in trouble, but there’s a fix


Problems with the new accounting standard could be solved by modifying how reserves are calculated so that changes are more in line with industry growth.


Accounting standards shouldn’t be left to the accountants


The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.


Will industry get what it wants on CECL?


Detractors are suddenly hopeful that the controversial accounting standard could be delayed or altered after FSOC's longer-than-expected closed session on the issue.


Calabria's GSE effect, 2019 fintech, Kraninger's CFPB: Top stories of the week


What an FHFA led by Mark Calabria would mean for GSE reform; 7 (realistic) predictions about fintech in 2019; Kathy Kraninger signals new tone atop CFPB; and more from this week's most-read stories.


Piling on: Democratic lawmakers join chorus of CECL critics


Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.